lørdag 4. januar 2020

A Bumpy Road Ahead for China in South Asia

Although the Belt and Road Initiative (BRI) was successful in drawing new participants in other parts of the world over the past year, the ambitious Chinese-led initiative saw waning commitment in some of its South Asian members in 2019. This was particularly evident in Pakistan, which has been a strong proponent of the BRI from its inception.

Pakistan responded with great enthusiasm in 2013 when Chinese President Xi Jinping unveiled plans for a 21st Century Silk Road to connect Asia, Africa, and Europe. The Pakistani government signed on to the initiative during Xi’s visit to Islamabad in April 2015, when he pledged around $46 billion – subsequently increased to $62 billion – toward the China-Pakistan Economic Corridor (CPEC), the BRI’s Pakistani component.