China’s Belt and Road Investment Is Losing Steam

Shipping containers sit beside railway lines running into Mombasa port in Mombasa, Kenya, on Sept. 1, 2018. China's Belt and Road Initiative aims to revive and extend trading routes connecting China with Central Asia, the Middle East, Africa and Europe via networks of upgraded or new railways, ports, pipelines, power grids, and highways. Luis Tato/Bloomberg via Getty Images

News Analysis

The Chinese economy is flagging while Belt and Road Initiative (BRI) countries deal with debt and inflation. In the first half of 2022, China’s overall BRI investment slowed, with zero money flowing into Russia.