New Internationalist - 11.2019 - 12.2019

WHERE’S THE MONEY GOING?

BRI RECEIPTS, 2013 – 2018

BELT AND ROAD

Launched in 2013, the Belt and Road Initiative (BRI) is reckoned to be

the largest infrastructure project in history. The network of Chinese-

funded ports, railroads, highways and power plants will stretch from

China to Europe through Central Asia, extending to South and South-

East Asia, Africa and Latin America. It has been called a ‘Chinese plan

to build a new world order replacing the US-led international system’.^1

Source: Oxford Economics/ICBC Standard Bank

AUSTRALIA

BRAZIL

SINGAPORE

PERU

ISRAEL

MALAYSIA

KAZAKHSTAN

MOZAMBIQUE

INDIA

EGYPT

Signed BRI co-operation documents

Existing railways

Planned railways

Existing power stations

Planned power stations

Ports

Also includes

19 countries from

Latin America and

the Caribbean,

excluded for space.

New Eurasian

Land Bridge

Economic

Corridor

China-

Central Asia-

West Asia

Economic

Corridor

China-

Pakistan

Economic

Corridor

China-

Mongolia-

Russia

Economic

Corridor

China-

Indochina

Peninsular

Economic

Corridor

Bangladesh-

China-India-

Myanmar

Economic

Corridor

21st Century

Maritime

Silk Road

$8 trillion in

investments and

loans announced

by China^2

2049 – intended

completion date

1,100 projects

‘announced or

underway’ in

112 c o u n t r i e s

199 power plants,

including 63

coal-powered

203 bridges,

roads and railways;

41 energy pipelines^3

2019 – Italy

becomes the first G7

nation to sign up.

REAL ESTATE $56 bn

INDUSTRY $63 bn

ENERGY AND UTILITIES

$266 bn

TRANSPORT AND

LOGISTICS

$332 bn

TECH AND
FINANCE $18 bn

TOURISM $15 bn

PAKISTAN

MALAYSIA

NIGERIA

RUSSIA

SAUDI ARABIA

INDONESIA

BANGLADESH

CAMBODIA

LAOS

ETHIOPIA

49.5

37.7

26.7

24.4

22.0

21.2

19.3

16.6

15.0

13.7

TOP BRI COUNTRIES FOR

CONSTRUCTION (US$, BILLIONS)

TOP BRI COUNTRIES FOR

M&A (US$, BILLIONS)*

33.5

26.7

20.7

11.3

7.6

7.3

6.7

4.2

4.1

3.1

*Mergers and acquisitions: buying shares

and rights to operate transport and energy

24 NEW INTERNATIONALIST