Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

The Potential Belt and Road Debt Bubble: Are We Asking the Right Questions?

During the recent IMF and World Bank meetings, all eyes were on China. As the US administration contemplates scaling back its global economic engagement, China is doing the exact opposite. But there is increasing attention being paid to risks associated with Chinese financing on two fronts.

China May Be Paving the Way for America’s Exit

One form of soft power is concrete enough. That is, it’s literally concrete. And by a measure of bricks and mortar, it’s clear that the United States is rapidly losing the soft power game to China. In fact, the contrast between the two countries on display this week in Washington is startling.