Since the Chinese government proposed the Belt and Road Initiative (BRI) in 2013, Chinese investments have been rapidly increasing in BRI countries. The Chinese government’s $113 billion pledge in special funds for investments in 2013 suggests this trend will likely continue. The investment choices that Chinese financial institutions make surrounding power, transportation and other long-lasting […]
According to the World Bank, Myanmar is now one of the fastest growing economies in Asia, with a projected GDP growth rate of 6.8 percent on average in the medium-term. Since the political liberalization initiated in 2011, attracting foreign direct investment (FDI) has become an important national strategy for promoting economic development. Though China is […]
In the past decades, China has massively financed infrastructure projects overseas, building railways, bridges, power plants and ports around the world. The enormous amount of capital outflow has drawn much attention from international investors, mass media, policymakers and academics, especially after the announcement of the Belt and Road Initiative and the establishment of the Asian […]
Since the Chinese government announced the Belt and Road Initiative (BRI) in 2013, China has solidified its status as a leader in the international community. Through its financing of development projects, mostly through South-South cooperation, BRI has attracted considerable scrutiny. This attention comes from both developed and developing countries and focuses on how the Chinese […]
In 2013, the Chinese government announced its plans to establish the Asian Infrastructure Investment Bank (AIIB) and to pursue a massive regional infrastructure plan initially called either the “New Silk Road” or the “One Belt, One Road” (OBOR), and now officially termed the Belt and Road Initiative (BRI). An extraordinary move by China, the BRI […]