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Has the Belt and Road Initiative Become a Political Liability for China?

Author

Listed:
  • Alicia García-Herrero

    (Chief Economist for Asia Pacific at Natixis
    Institute for Emerging Market Studies, Hong Kong University of Science and Technology)

Abstract

The Belt and Road is considered a grand plan for China’s global expansion and has elicited strong reactions from the rest of the world. The Initiative has evolved to become more of a soft-power tool with a lot of its projects now appear to be strategic rather than economic in nature. A recent analysis confirmed that sentiment towards the Initiative has worsened in many countries, with the only exceptions being the Middle East and North Africa.

Suggested Citation

  • Alicia García-Herrero, 2019. "Has the Belt and Road Initiative Become a Political Liability for China?," HKUST IEMS Thought Leadership Brief Series 2019-28, HKUST Institute for Emerging Market Studies, revised Jun 2019.
    • Handle: RePEc:hku:briefs:201928
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    File URL: https://iems.ust.hk/assets/publications/thought-leadership-briefs/tlb28/garcia-herrero-bri-perceptions-hkustiems-tlb28.pdf
    File Function: First version, 2019
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