A critical part of China’s Belt and Road Initiative (BRI), the China-Europe Railway Express has expanded by more than 20 percent a year in recent years. However, over the past year, the railway’s growth has slowed dramatically. Its business has declined with most European countries—with the exception of Russia, which now dominates Europe’s trade with…
Ukraine Conflict Sidelines China-Europe Railway Express
June 2, 2023
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Russia-Ukraine War Accelerates Collapse of China’s Belt and Road Global Strategy
April 23, 2022
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belt and road initiativeBRIBusiness & EconomyChinaChina Business & EconomyChina-Europe RailwayChinese RegimeeconomyEuropeEurope-China RelationsGlobal ExpansionInternational RelationsInvestmentMarketsRussia-Ukraine WarsanctionsSpecial TopicsWorldXi Jinping
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Over the past ten years, China’s Communist Party (CCP) has strategically relied on its $4 trillion Belt and Road Initiative (BRI) to boost its image and influence with at least 149 countries to date. But success has eluded its efforts, and the BRI strategy may be doomed as a result. Consider for example the CCP’s…
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