Original Author: Yan Shaojun
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The Risks Facing Belt and Road and China’s Choices in the New Situation
新形势下一带一路面临的风险与中国抉择
In this lengthy article, a BRI researcher at China Development Institute, a Shenzhen-based think tank, outlines perceived challenges to the Belt and Road Initiative around its 10th anniversary. These include geopolitical risks from competition with the United States, political and financial instability within partner countries, weak economic growth, and ill-defined goals and poor marketing. The author recommends Beijing improve risk monitoring and project oversight to manage financial and economic risks, and improve the BRI’s reputation across the globe by deepening diplomatic cooperation with a wide array of countries.