COVID-19 crisis showing shortfalls China’s Belt and Road

Investments flowing out of China’s $1.1. trillion USD ‘Belt and Road Initiative’ (BRI) have reached emerging markets all over the world. Especially Southeast Asia has become an important destination for BRI-related investments. The ongoing COVID-19 pandemic has delayed many BRI projects while showing serious shortfalls. The severe crisis, however, is not likely to undermine the infrastructure scheme nor China’s ambitions in Southeast Asia. Chinese materials and workers The COVID-19 crisis is having a deep economic impact, not the least on China’s BRI-partners. China has so far signed partnerships with 137…

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