While boosters for the BRI remain plentiful, and the project is not on the verge of failing any time soon, there are signs that a shift is underway. The number of contracts signed in 2018 was down on previous years, and the country's big development banks have reportedly been told to partner with the World Bank and other international lenders on future projects.********
Tuesday, January 1
"Are the wheels coming off China's Belt and Road megaproject?"
Excellent analysis by Hong-Kong based CNN journalist James Griffiths, published December 31, 2018, at CNN. He starts off by discussing the recent uproar about China's loans to Kenya. Griffiths points out BRI loans are now so controversial that criticism of them has arisen China. As to where things stand now:
Posted by Pundita at 1/01/2019 06:47:00 PM