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How’s the Belt & Road Doing During the Pandemic? Well, the Answer Depends on Who You Ask

by Eric Olander
Chinese worker carrying materials for the first rail line linking China to Laos, a key part of Beijing's 'Belt and Road' project across the Mekong, in Luang Prabang. Aidan JONES / AFP.

There are conflicting assessments of the health of China’s Belt and Road Initiative and how it’s fared during the past 7-8 months amid the ongoing COVID-19 pandemic.

A new report from the London-based analytics and consulting firm GlobalData contends that project cancellations and renegotiations have led to a sharp downturn in revenue for Chinese contractors working on BRI projects around the world. 

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