OpinionThinking About China

China’s Global Strategy Is Reaching Limits

Financial and economic problems at home as well as diplomatic tradeoffs are crimping Beijing’s quest for global stature.
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China’s Global Strategy Is Reaching Limits
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
Milton Ezrati
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Commentary

Beijing’s grand global ambitions have hit a snag. The problem is money.

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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