Philippines' President Duterte has shelved a number of megaprojects, including two Chinese-financed deals, under his "Build, Build, Build" program due to feasibility concerns. Instead, the government hopes to pursue public-private-partnerships to fund Duterte's multi-billion-dollar infrastructure program.
Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the Competing Visions of Japan, India, and other regional powers, and the stakes for U.S. policy.
Drawing from academic literature, evaluations, and technical consultations, this report analyses human rights and environmental impacts at the project and macroeconomic level to give recommendations on how to mitigate the potential risks infrastructure investment can pose for achieving equality, human rights, and the environmental sustainability.
China Communications Construction Co. executives on Wednesday reiterated the infrastructure company has not given up on the multibillion-dollar East Coast Rail Link in Malaysia, on which development work has been suspended for months amid doubts over the project's financial viability, reports Nikkei.
China’s Global Energy Interconnection (GEI) initiative is an ambitious vision for transforming the global energy system that pairs a pitch for climate leadership with Beijing's industrial policy priorities. As China makes a play for green leadership in global energy governance, the U.S. needs to present a positive agenda of its own for the clean-energy transition.
China envisions a vast global network of trade, investment, and infrastructure that will bring the world closer to Beijing. To better understand how China's vision is playing out on the ground, The New York Times examined nearly 600 Chinese-financed projects and the driving forces behind them, citing data from the Reconnecting Asia Project.
China Railway Construction will join a consortium led by Charoen Pokphand Group (CP Group) to bid for the construction of Thailand's $7 billion high-speed railway project that will link three major airports.
The world's longest sea-crossing bridge, connecting mainland China and Macau with Hong Kong, is set to open on Wednesday, giving Chinese President Xi Jinping a centerpiece for his vision of a "Greater Bay Area" economic zone, reports the Nikkei Asian Review.
Vietnam National Shipping Lines, the state-owned marine transporter known as Vinalines, won approval recently to build two large container terminals at Lach Huyen International Gateway Port in a $302 million project.
Malaysian Prime Minister Mahathir Mohamad will send his finance minister to Beijing to renegotiate several infrastructure contracts following the discovery of three Chinese-funded and built projects where payments were made based on agreed time milestones and not work completed.
Nearly three years into CPEC, a number of projects have moved forward at breakneck speed, yet costs remain high and political rivalries still threaten to derail progress.
China's Belt and Road initiative has enjoyed relatively rapid and wide support, particularly in Asia. However, its political future depends on implementation and delivering economic results. To sustain support, China should be looking for opportunities to broaden participation.
While Indonesian president Widodo has made some strides in infrastructure development, such as high-speed rail lines and regional airports, other major project delays have stunted the country's growth, Nikkei reports.
Sitting in the Indian Ocean, Hambantota serves as a warning about the hazards of China’s global infrastructure push, which could make small economies dependent even while helping them develop. It also reveals the challenges that India, Japan and others, including the United States, face in mounting an effective response.
Several Chinese local infrastructure projects have been canceled or suspended due to concerns over project viability.
Reconnecting Asia is tracking developments across a vast landmass that includes 60 percent of the global economy. Every day, new infrastructure projects are announced, some are advanced, and others encounter obstacles. Here is a selection of the top projects to watch in 2018.
Chinese investments in Central and Eastern Europe are raising concerns about transparency and accountability, but for now, the risks are relatively manageable given the modest scope of investment.
Beijing’s star is rising in central and eastern European nations,” reports the Financial Times
The magnitude of the Balkan Silk Road project poses a mixture of opportunities and policy challenges for countries engaging in or seeking to benefit from its implementation.
Our “Big Questions” series brings together leading scholars, former policymakers, and top industry experts to tackle critical questions. In the seventh part of this series, we asked a group of experts to comment on China's growing infrastructure investment in Central and Eastern Europe (CEE).
Long delays in the completion of the Chinese-led Kyaukpyu port in Myanmar have drawn criticisms about the project's viability.
Indonesian President Joko Widodo is seeking to fund 247 infrastructure projects worth $355 billion b
Capitalizing on its position as a financial and legal hub, Singapore wants to underpin its economic growth by involving itself in Chinese-led megaprojects under the"Belt and Road" Initiative.
Putin and Abe will meet at the Eastern Economic Forum in Vladivostok on September 6-7, but several obstacles are likely to prevent a major breakthrough in infrastructure cooperation.
Major infrastructure projects... can still fail economically in terms of opportunity costs either because of excessive costs or insufficient demand but their political importance can be very significant, even momentous.
The Panama Canal began with coercion, was built at tremendous human and economic cost, and for decades operated with little benefit to locals. In many ways, Panama’s experience last century underscores the risks for developing countries of pursuing megaprojects with this century’s rising power: China.
Since it was launched two years ago, the China-Pakistan Economic Corridor has sparked praise, skepticism, and even violence, resulting in widespread confusion about what’s driving this $55 billion energy and infrastructure effort, and how it will impact the region.
While the Belt and Road Initiative has the potential to fund valuable new transit infrastructure, it also risks stirring domestic political competition, fueling networks of graft and rent-seeking, and not fulfilling its transformative potential.
India and China want stronger economic ties, Amy Kazmin reports in today’s Financial Times, but infrastructure investment in Kashmir remains a point of contention.