Juliet Lu and Wanjing Chen explore the impacts of the Belt and Road in Laos
There is something about China – perhaps it’s size, perhaps it’s foreignness to Western audiences, or perhaps the simple fact that it is a new global economic power – that lends to vast oversimplifications and doomsday portrayals of the country’s global integration. China’s increasing presence overseas is one of the topics on which this oversimplification gets the most play. Summary statistics and breathless reports give the sense that Chinese firms parachute into countries, checks in hand, and unilaterally determine what to build, grow, and extract. But in order to understand how China’s global integration is unfolding on the ground, we need to ask a few questions. How does this emerging wave of investment actually take root on the ground? Through what channels does Chinese money flow, and through whose hands?