China’s infrastructure funding promises to Southeast Asia are falling short by more than $50 billion, according to a new report, with megaprojects undertaken under the Belt and Road Initiative (BRI) stagnating or failing due to poor planning, the global clean energy transition, and political lurches in recipient countries. The report, released today by Sydney’s Lowy … Read more
When China convened the Third Belt and Road Forum (BRF) in Beijing last month, Southeast Asia featured prominently in the list of outcomes that Beijing announced on its trillion-dollar Belt and Road Initiative (BRI) as it marked its first decade. While this suggests that Southeast Asia will continue to play an important role in the … Read more
Advertisement Today, Sydney’s Lowy Institute published new research showing that China has lost its status the largest single provider of development financing to Southeast Asia since the onset of the COVID-19 pandemic. The Southeast Asia Aid Map, which was released yesterday as an interactive map and accompanying report, tracks financing for more than 107,000 development … Read more