As the U.S. and its allies strengthen their Development Finance Institutions (DFIs), they must strike a balance between fostering their domestic competitiveness, advancing geopolitical goals, and promoting growth in developing countries.
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Allied alternatives to China’s Belt and Road face a central challenge: international politics and infrastructure projects have fundamentally different timelines.
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.
This report, the third in a series on Chinese economic activities in the Western Balkans, provides recommendations for U.S. and partner responses to China’s growing economic and political influence in the region and a “red flags” checklist to help identify activities that warrant further scrutiny.