Is the Belt and Road Initiative China’s Marshall plan?
There’s no escaping China’s Belt and Road Initiative. It’s been written into China’s constitution, and more than 70 countries from Pakistan to Papua New Guinea have signed up. But what is it? A modern-era Marshall Plan, a geopolitical bid for China to build a new international power bloc, a new model for Chinese colonialism, or an all-encompassing bumper sticker for Chinese-brokered development projects? To unpack the motivations behind Xi Jinping’s highest profile foreign policy initiative, Louisa Lim and Graeme Smith are joined by Peter Cai of the Lowy Institute and Dirk van der Kley from the Australian National University, in this episode of the Little Red Podcast: