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Analysis

China's Financial Diplomacy Is Still Minor League

A pedestrian walks past a construction site in Sihanoukville, Cambodia, on Monday, July 8, 2019. In Sihanoukville, a once-sleepy resort town, Cambodians are betting that an infusion of Chinese-built infrastructure will pay off with jobs and prosperity. The influx is tied to China's Belt and Road Initiative, an ambitious plan to build an estimated $1 trillion worth of infrastructure across Asia and parts of Africa, dwarfing the post-World War II Marshall Plan.
A pedestrian walks past a construction site in Sihanoukville, Cambodia, on Monday, July 8, 2019. In Sihanoukville, a once-sleepy resort town, Cambodians are betting that an infusion of Chinese-built infrastructure will pay off with jobs and prosperity. The influx is tied to China's Belt and Road Initiative, an ambitious plan to build an estimated $1 trillion worth of infrastructure across Asia and parts of Africa, dwarfing the post-World War II Marshall Plan. Foto: Bloomberg

Daniel Moss
30. Mar 2023 AT 22:00
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