Allied alternatives to China’s Belt and Road face a central challenge: international politics and infrastructure projects have fundamentally different timelines.
89 Items, Page 2 of 18
CSIS senior vice presidents Heather A. Conley and Matthew P. Goodman testify before Congress on “U.S.-European Cooperation on China and the Broader Indo-Pacific.”
Jonathan Black and Daleep Singh, the UK and U.S. G7 Sherpas, respectively, discuss the Build Back Better World (B3W) infrastructure initiative and the G7’s response to China’s Belt & Road Initiative, among other outcomes from the June 2021 summit.
G7 leaders unveiled an initiative to support global infrastructure, launched as China’s Belt and Road Initiative pulls back. To succeed, the United States and its partners must design incentives that mobilize private capital and appeal to leaders in the developing world.
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.