Taking the Politics Out of Development
Since introducing the "one belt, one road" initiative, China has been accused of trying to wrest greater control over the developing world, and even to replace the US as the dominant global superpower. The reality is not nearly so worrying.
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LONDON – Later this month, Chinese President Xi Jinping will host a summit for many of the leaders of the 65 countries engaged in his “one belt, one road” (OBOR) initiative, a pioneering program that will channel billions of investment dollars toward infrastructure projects across Asia, Africa, and Europe. Despite a strong economic case for the project, reactions have been mixed.