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China’s Risky “Build It and They Will Come” Development Strategy

There’s widespread speculation that Chinese financial support for its hugely ambitious Belt and Road Initiative may be waning due to the current economic crisis and the desire among senior Chinese policymakers to focus more attention on the domestic front.

That may be true, but it wasn’t evident last week when Foreign Minister Wang Yi toured Africa and announced the addition of the BRI’s two newest members, DR Congo and Botswana. Now, African countries account for more than a third of the 125 BRI signatories around the world.

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What is The China-Global South Project?


The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.


A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.


Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.


A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.