Negotiations between North and South Korea have revived prospects for reconnecting the Korean peninsula. A critical aspect of connectivity is energy infrastructure, which will require analysis and technical planning to make the most of any future political openings. This series of case studies underscores the poor state of North Korea’s existing energy infrastructure, illustrates different models for delivering projects, and considers the strategic implications of different paths forward for the peninsula’s energy connections.
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Chinese leader Xi Jinping surprised the world in late September by announcing that China would become carbon neutral by 2060. But this promise will amount to little if Xi’s signature foreign policy vision, the Belt and Road Initiative (BRI), continues exporting China’s environmental challenges globally. China’s poor environmental record abroad presents a strategic opportunity for the United States, if only Washington would seize it.
Small and medium economies of the Indo-Pacific are looking to build critical infrastructure now to meet their economic demands. The U.S., Australia, and Japan can capitalize on this unique moment in the Indo-Pacific’s development, but they need to prioritize addressing the remaining barriers to public-private infrastructure partnerships.
Jonathan Hillman discusses the true cost of China’s Belt and Road investments for developing countries, the U.S. role in enabling a global alternative, and lessons from his travels to China’s overseas projects in this episode of CSIS’ Building the Future Podcast with Dan Runde.
Accompanying our MERICS China Forecast 2021 event, MERICS experts wages a look at three global challenges in 2021, namely decoupling and the evolution of multilateralism, cooperation and competition in the climate crisis, and the development of connectivity in a world plagued by a pandemic. For every section we are proud to introduce a very accomplished and knowledgeable guest.
A notorious ex-gangster from China is launching an $18 billion economic development zone in Myawaddy, Myanmar under the banner of the Belt and Road Initiative (BRI). But experts say the project’s plans are centered on illegal gambling. If true, this could spell trouble for Beijing.
The Asia Infrastructure Investment Bank’s (AIIB) response to Covid-19 may determine its emerging role in development finance, for good or ill. While it has responded quickly and substantially to the pressing needs of its members, these actions risk contributing to debt risks, institutional overreach, and perceived favoritism towards Beijing.