South-East Asia learns how to deal with China
The Belt and Road is having some underappreciated effects in Asia
A DECADE AGO Xi Jinping, China’s leader, declared his intention to make a world-girdling web of infrastructure China’s gift to the planet. From the start, South-East Asia was to serve as a—perhaps the—main focus of what came to be called the Belt and Road Initiative (BRI). The region of 690m people was China’s backyard. South-East Asia needed trillions of dollars of infrastructure and other development. China-centred supply chains increasingly ran through the ten-country Association of Southeast Asian Nations (ASEAN). Some 60m-70m ethnic-Chinese citizens of South-East Asia, many of them successful businessmen, could help China’s mission.
Explore more
This article appeared in the Asia section of the print edition under the headline “Better Renegotiate It”
More from Asia
Can Donald Trump maintain Joe Biden’s network of Asian alliances?
Discipline and creativity will help, but so will China’s actions
What North Korea gains by sending troops to fight for Russia
Resources, technology, experience and a blood-soaked IOU
Is Arkadag the world’s greatest football team?
What could possibly explain the success of a club founded by Turkmenistan’s dictator
After the president’s arrest, what next for South Korea?
Some 3,000 police breached his compound. The country is dangerously divided
India’s Faustian pact with Russia is strengthening
The gamble behind $17bn of fresh deals with the Kremlin on oil and arms
AUKUS enters its fifth year. How is the pact faring?
It has weathered two big political changes. What about Donald Trump’s return?