Five years ago, in September and October of the year 2013, the ‘Chinese Marshall Plan’ or the Belt and Road Initiative (BRI) was unveiled in Kazakhstan and Indonesia by Premier Xi Jinping. Done to ‘enhance regional connectivity’, the delayering of the ‘belts’ and ‘roads’ mechanism mapped expansively through Asia, Europe, and Africa will tell one that it is primarily a shot to global dominance ensuring its sustained security and stability. It is a vision based on humungous investments and on stimulation of the Chinese economy.
Although the recent US-China trade war may have adversely affected the initiative1, its fifth-year anniversary makes it imperative for it to be a subject of discussion and scrutiny of whether it has been efficient in accomplishing its objectives. Read more