The Marshall Plan is the most common touchstone for analysts grappling with China’s Belt and Road Initiative. And there are worrying parallels between the initial Soviet response to American assistance in Western Europe and how the U.S. and its allies seem to be responding to China’s development project.
China's Belt and Road Initiative
Japan has recently announced investments in several infrastructure projects in South Asia, in what many consider to be part of a strategy to counter China’s huge Belt and Road Initiative. In an email interview, Shihoko Goto discusses Japan and China’s rival visions and the politicization of development assistance.
The diplomatic initiative between China and 16 countries in Central and Eastern Europe, known as the 16+1, has become increasingly controversial. Critics worry it may undermine the EU’s unified approach to Beijing, weakening transparency and giving a secretive regime with a muscular foreign policy a foothold in Europe.