Thinking About China
Opinion

China’s $1 Billion Sweetheart Road to Nowhere in Montenegro

China’s $1 Billion Sweetheart Road to Nowhere in Montenegro
Dubrovnik ‘Pearl of Adriatic’ taken from the Montenegro to Dubrovnik road. Bill Cox/The Epoch Times
Anders Corr
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Commentary

Montenegro, a tiny Balkan nation of under a million inhabitants and about $5.5 billion in GDP (2019) borrowed $1 billion from China to pay China to build its first highway, a highway that is now stalled after reaching only 24 percent of its planned length. If that makes your head spin, it’s because China is running circles around this poor little country in Europe’s southeast. And you know what? That country reminds me of America.

Anders Corr
Anders Corr
Author
Anders Corr has a bachelor's/master's in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea" (2018).
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