Posted inAT Finance, Beijing, China, India, Malaysia, Maldives, Pakistan, Singapore, South Asia, Sri Lanka, World

Tighter belts and shorter roads plague China’s BRI projects

Controversy has dogged China’s ambitious Belt and Road Initiative (BRI) with Malaysia canceling infrastructure projects worth US$23 billion during the summer because of the exorbitant cost. But while that was the most high-profile case, Beijing is finding that multi-billion-dollar investments are increasingly becoming major election issues in the least expected places. The most recent example […]