Nearly three years have passed since the China-Pakistan Economic Corridor (CPEC) was formally launched. Several projects have come online, and a critical mass of electric power and infrastructure projects will be operational within the next 12 to 18 months. Now, more than halfway through the first of CPEC’s three five-year phases, is an opportune moment to assess how Beijing and Islamabad have fared so far in pushing forward the massive, fifteen-year connectivity project, valued at upwards of $62 billion.
Feb 12, 2018
“Beijing’s star is rising in central and eastern European nations,” reports the Financial Times, citing data collected in collaboration with the CSIS Reconnecting Asia Project.
Nov 27, 2017
Chinese infrastructure investment in Central and Eastern Europe (CEE) is on the rise, according to data collected by Reconnecting Asia in collaboration with the Financial Times. A focal point of this investment is the 16+1 format, which brings together China and 16 CEE countries. In November, at the sixth annual 16+1 summit, Chinese premier Li Keqiang announced an additional $2.4 billion in development-oriented financial cooperation loans. We asked a group of experts to comment on China’s rising economic engagement in the region, which has been called the “gateway to Europe” for its flagship foreign policy initiative, the Belt and Road.
Nov 19, 2017
“Eurasia is thus the chessboard on which the struggle for global primacy continues to be played,” the late Dr. Zbigniew Brzezinski wrote two decades ago. His words ring true again as a massive infrastructure competition unfolds across the Eurasian supercontinent. If the roads, railways, and other connections that are emerging today shift flows of goods, people, and ideas, the long-term implications could be profound. This collection includes essays from our Big Questions series, in which leading experts examine this potentially epochal shift.
Nov 6, 2017
It is time to expand transparent, high-standard regional lending mechanisms – tools that will actually help nations instead of saddling them with mounting debt.
Oct 18, 2017