As Beijing heralds the tenth anniversary of its Belt and Road Initiative, we foresee that it will reorient the initiative in response to the new domestic and geopolitical environment.
The Initiative has been a remarkable venture in economic diplomacy, buying China considerable leverage while delivering concrete benefits for recipient countries. There have, however, been setbacks.
Despite the difficulties, Beijing is likely to maintain support for the Initiative. Shifts in project size and target sectors may lead to a smaller, but smarter, Belt and Road.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.