China’s Top Economic Planning Agency Issued a Report About the BRI That Policymakers in Africa and Elsewhere in the Global South Should Read Carefully

China Road and Bridge Construction of the Nairobi Expressway in Kenya. Simon MAINA / AFP

The National Development and Reform Commission (NRDC), China’s top economic planning agency, published a new report on Tuesday, according to the South China Morning Post newspaper, that detailed some of the key challenges confronting Beijing’s new 5-year plan, with a particular focus on infrastructure development as part of the Belt and Road Initiative.

In short, the NRDC warned that the combined effects of the ongoing pandemic, worsening ties with the United States, and heightened geopolitical risk in certain emerging markets will all adversely impact financing Belt and Road infrastructure projects:

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

OR

Already a subscriber? Log in Click Here to Learn More
by Eric Olander

Most Read

1
Developing Countries’ Debt Servicing Costs to China Are Significant, but Nowhere Near as Much as Other Creditors
2 Chinese Military Fans Discuss Why Indonesia Bought Rafale Instead of J-10C
3
China, U.S. Ink Rare Earth Deal; More Trade Pacts Coming
4
Chinese-Moroccan Joint Venture Inaugurates EV Battery Parts Plant
5
Six Million Donkeys Slaughtered for Chinese Medicine: Charity
6
Rubio to Welcome Asian ‘Quad’ Back to Washington

You Might Like

Kenya or Djibouti: Who Will China Support For a Seat on the UN Security Council?

With only a few days left before next week’s election to fill the rotating open seat on the U.N. Security Council for the 2020-2021 term, a lot of the attention is now focused ...

Development Finance Emerges as the Newest Front in China’s Standoff With the U.S.

Chinese President Xi Jinping didn’t mention the United States by name when he addressed the opening of the Asian Infrastructure Investment Bank’s annual meeting this week, but he didn’t really ...

With an Eye on China, G7 Finance Ministers Call on G20 Bilateral Creditors to Keep Their Debt Freeze Promises

U.S. Treasury Secretary Steven Mnuchin hosted a teleconference with his fellow finance ministers from the Group of Seven rich countries on Monday and the burgeoning debt crisis in the world’s poorest countries was ...

Naspers Stock Rises on White House Assurances That Proposed WeChat Ban Won’t be as Broad as Previously Feared

Investors in Africa’s most valuable public company, Naspers, breathed a sigh of relief on Monday after hearing that any White House measures against WeChat and its parent company Tencent won’t be as broad ...

What is The China-Global South Project?

Independent

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

News

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.

Analysis

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

Networking

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

More about CGSP