Can the ‘Blue Dot Network’ Really Compete With China’s Belt and Road?

An aerial view of the Qingbaijiang Railway Port, where freight trains travel between China and Europe, in Chengdu city, Sichuan province, China, April 30, 2019 (Imaginechina photo by Yi Fang via AP Images).
An aerial view of the Qingbaijiang Railway Port, where freight trains travel between China and Europe, in Chengdu city, Sichuan province, China, April 30, 2019 (Imaginechina photo by Yi Fang via AP Images).
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Seven years into a sweeping and costly effort to rebuild Asia with itself at the center, China has a publicity problem with its Belt and Road Initiative. What has become the guiding macroeconomic centerpiece of Chinese foreign policy is in many ways stranded on shaky ground. Some of the Belt and Road Initiative’s trouble is superficial, like its unwieldy name, which had to be rebranded from its earlier form, “One Belt, One Road,” that itself was an abbreviation for two interrelated investment strategies called the Silk Road Economic Belt and the 21st Century Maritime Silk Road. But fundamentally, Beijing’s problems […]

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