Has the Belt and Road Initiative Become a Political Liability for China?

HKUST IEMS Thought Leadership Brief No. 28


Alicia García-Herrero

The Belt and Road is considered a grand plan for China’s global expansion and has elicited strong reactions from the rest of the world. The Initiative has evolved to become more of a soft-power tool with a lot of its projects now appear to be strategic rather than economic in nature. A recent analysis confirmed that sentiment towards the Initiative has worsened in many countries, with the only exceptions being the Middle East and North Africa.

Taking Stock of the Belt and Road Initiative 

The author will discuss the insights from the study on which this Brief is based at the event "Taking Stock of the Belt and Road Initiative" to be held on 20 September 2019 in Shanghai.  

A simplified Chinese version of this brief is available here.  


This research is supported by the Strategic Public Policy Research Funding Scheme from the Central Policy Unit of the HKSAR Government.   More >> 

About the author

Alicia García-Herrero is the Chief Economist for Asia Pacific at Natixis. She also serves as a Senior Fellow at European thinktank BRUEGEL and a non-resident Research Fellow at Real Instituto Elcano think tank. She is currently an Adjunct Professor at the Hong Kong University of Science and Technology. She is also a Faculty Associate of HKUST IEMS. More >>




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