September 2023 marked a decade since Chinese Communist Party (CCP) president Xi Jinping unveiled plans for what became China’s Belt and Road Initiative (BRI). This, along with other ‘soft power’ initiatives, has been a key feature of the growing geo-political rivalry between China and the US, writes PHILIP STOTT.
Few understood the significance of the announcement in 2013 in a speech by Xi in Kazakhstan in which he declared the ‘Silk Road economic belt’ would be the ‘project of the century’. As the Economist magazine commented in its feature to mark the tenth anniversary: “No one predicted that the project would become a defining feature of his foreign policy and dramatic symbol of China’s rise as a global power”. They went on: “The West was in for a shock”.
Fast forward ten years and the BRI has had a major international impact in vast parts of the world. Up to June 2023, “China had signed more than 200 belt and road cooperation agreements with 152 nations and 32 international institutions across five continents”, according to the National Development and Reform Commission (NDRC), China’s major economic planning agency.
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