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The Reality of China’s Belt and Road Initiative: Failing, Faltering, Retreating

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The Reality of China’s Belt and Road Initiative: Failing, Faltering, Retreating
A part of the first rail line designed to link China to Laos, a key part of Beijing's Belt and Road project, across the Mekong, in Luang Prabang, Laos, on Feb. 8, 2020. Aidan JonesAFP via Getty Images
Antonio Graceffo
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Commentary

Originally envisioned as Chinese leader Xi Jinping’s flagship project for global influence, the Belt and Road Initiative (BRI) is losing momentum due to project delays, cancellations, and a growing number of unfinished projects.

Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.