Infrastructure Archive

The world’s newest mega-dock opened last month in Djibouti, the strategic real estate agent to world powers that is leasing access to the highest bidder. In a move to widen its African investment portfolio, China fronted the $590 million needed for the 1,700-acre Doraleh Multi-Purpose Port, the first of four docks and other infrastructure projects in Africa that are central to China’s grandiose Maritime Silk Road master plan. This comes as Djibouti gets more crowded. The small, strategically located country in the Horn of Africa already hosts U.S., French and Japanese military bases and will soon add a Saudi military […]

After the election of Donald Trump as U.S. president, many analysts expected that relations between the European Union and China would enter a honeymoon phase. Facing a protectionist and potentially destabilizing period in U.S. foreign policy, Europe and China would necessarily have to cooperate more closely on issues ranging from climate change to trade, in order to head off threats to the very future of globalization. The recent EU-China summit, taking place the day after Trump’s announcement of the U.S. withdrawal from the Paris climate accord, would have been the natural occasion to showcase this new alignment, which would represent […]

Like the United States before it, China has grown past the narrow pursuit of short-term gains as its economic influence has expanded across the Eastern Hemisphere, if not the world, for most of this century. Emboldened by this growth, but also compelled to look for new markets to supplement its own cooling economy, China is now using this influence to build a global economic network for trade and development, with itself as the driver. The grand “One Belt, One Road” initiative, known as OBOR, which President Xi Jinping unveiled in 2013, has been touted as the blueprint for this new […]

Editor’s note: This article is part of an ongoing series about China’s One Belt, One Road infrastructure initiative, also known as the Silk Road Economic Belt and the 21st Century Maritime Silk Road. When authorities inaugurated a new railway line linking Kenya’s capital, Nairobi, to the coastal city of Mombasa last week, President Uhuru Kenyatta hailed the milestone as “a new chapter,” according to the BBC. The railway, which was funded by China, is reported to be the largest infrastructure project in Kenya since the country’s independence from Britain in 1963. In an email interview, James Shikwati, economist and founder […]