Latest Articles about BRI

How U.S. Banks Push the Caribbean Toward China

Introduction The 14th Five-Year Plan adopted this past March has reaffirmed the significance of Renminbi (RMB) internationalization in China’s geopolitical ambitions (Gov.cn, March 13). Global RMB proliferation in cross-border trade would enhance China’s domestic financial security, which also makes it a key element of China’s... MORE

Expanding China’s Central Asia Playbook to Afghanistan

Introduction For almost 30 years, the People’s Republic of China (PRC) has deployed various strategies to increase its economic and political influence in Central Asia. In 1994, then-Premier Li Peng suggested a plan to develop economic connectivity and “revive the old Silk Road” (Xinhua, December... MORE

China and the Myanmar Junta: A Marriage of Convenience

Introduction On February 1, the Myanmar military (also known as the Tatmadaw) staged a coup to overthrow the democratically elected National League for Democracy (NLD) government and subsequently imposed a year-long state of emergency. NLD leaders, including State Counsellor Aung San Suu Kyi and President... MORE

Is the Growth of Sino-Nepal Relations Reducing Nepal’s Autonomy?

Introduction Commonly held economic theory generally suggests that foreign aid benefits the recipient. But so far, China’s bilateral relations with Nepal—which are based upon generous pledges of foreign direct investment (FDI)—have created a power imbalance. China’s outsized influence in Nepal was most recently highlighted by... MORE

An Overlooked Source of Chinese Influence in Latin America

Introduction The People’s Republic of China’s (PRC) engagement in Latin America and the Caribbean (LAC) is drawing increased scrutiny from U.S. policymakers. The International Liaison Department of the Central Committee of the Chinese Communist Party (ILD) (中共中央对外联络部, zhonggong zhongyang duiwai lianluo bu) is one of... MORE