As Xi Celebrates 10 Years of ’Belt and Road,’ the ’Project of the Century’ Faces Uncertain Future

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As Xi Celebrates 10 Years of ’Belt and Road,’ the ’Project of the Century’ Faces Uncertain Future
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People walk past a decoration for the third Belt and Road Forum for International Cooperation in Beijing, Oct. 15, 2023.

first assembled world leaders to map out his vision for expanding Chinese soft power via a web of infrastructure investment in 2017, he called the Belt and Road Initiative the “project of the century.”

Xi will have the chance to answer his critics when a host of Global South leaders arrive this week to pledge support for the program and test Beijing’s bandwidth for new deals—chief among them Russian President Vladimir Putin. Hungary’s Prime Minister Viktor Orban, Indonesian President Joko Widodo, Argentina’s President Alberto Fernandez, and

China has responded by shifting to so-called “small but beautiful” projects that benefit people’s livelihoods. The state-run People’s Daily this month cited a water plant in Botswana upgraded by a Chinese firm and a technology partnership with a seed company in Costa Rica as Yet the Belt and Road initiative has always been loosely defined, with the label often applied to any projects in nations with friendly ties to China.

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