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A container ship of Chinese Cosco shipping lies in the harbor in Hamburg, Germany, Wednesday, Oct. 26, 2022

AP Photo/Michael Probst

Paper - Belfer Center for Science and International Affairs, Harvard Kennedy School

The Belt and Road Initiative in Europe: Opportunities for a Transatlantic Response Amid the Russian Invasion of Ukraine

| January 2023

China’s Belt and Road Initiative (BRI) has for years held a prominent position in the global infrastructure investment space. In the absence of similarly far-reaching projects coordinated by other countries including the transatlantic partners, important questions about the BRI’s implications for Europe and America arise. Given U.S.-China competition pulling the EU in two directions and opposing approaches among member states vis-à-vis China amid a globally growing infrastructure investment gap, the need for a liberally motivated large-scale infrastructure investment approach is clear. This alternative model of advancing economic development goals stands in opposition to the BRI’s approach of creating economic dependence on China through massive recipient country debt thereby increasing Chinese geopolitical power.