Thinking About China
Opinion

Has China’s Belt and Road Come to a Dead End?

Has China’s Belt and Road Come to a Dead End?
The Sihanoukville port in Cambodia becomes part of the Chinese regime’s Belt and Road Initiative. Tang Chhin Sothy/AFP/Getty Images
Milton Ezrati
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Commentary
Not too long ago, Chinese leader Xi Jinping touted Beijing’s Belt and Road Initiative (BRI) as the “project of the century,” something that would alter the global balance of power and influence. More recently, the regime brags less about the potential of the BRI and speaks more humbly of reform and retrenchment.
Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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