{"id":301955,"date":"2019-11-21T10:14:32","date_gmt":"2019-11-21T04:44:32","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=301955"},"modified":"2019-11-21T10:48:55","modified_gmt":"2019-11-21T05:18:55","slug":"belt-and-road-initiative-chinas-social-governance-of-the-world","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/belt-and-road-initiative-chinas-social-governance-of-the-world\/","title":{"rendered":"Belt and Road Initiative: &#8216;China&#8217;s social governance of the world&#8217;"},"content":{"rendered":"<p>China\u2019s Belt and Road Initiative (BRI), articulated by President Xi Jinping in 2013, is recognised as the largest infrastructure and investment project in global history. Spanning 68 countries, including 65 per cent of the world\u2019s population and 40 per cent of global GDP, it is popularly considered an ambitious blueprint for Chinese global hegemony. The BRI\u2019s lumpy progress, however, has also provoked predictions of its imminent demise. Talk to senior members of the Chinese establishment and they\u2019re equivocal about the first point and flatly contradict the second. <\/p>\n<p>As of November 2019, Hu Biliang, dean of the Belt and Road Institute at Beijing Normal University, estimates that China will pour in $10 trillion of funds into the projects in the next decade. By comparison, the 11 multilateral institutions have a combined purse of less than $2 trillion ($1,723 billion) for the same period. Hu says the Chinese government has already spent $40 billion for BRI-related projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s Belt and Road Initiative (BRI), articulated by President Xi Jinping in 2013, is recognised as the largest infrastructure and investment project in global history. Spanning 68 countries, including 65 per cent of the world\u2019s population and 40 per cent of global GDP, it is popularly considered an ambitious blueprint for Chinese global hegemony. The BRI\u2019s lumpy progress, however, has also provoked predictions of its imminent demise. Talk to senior members of the Chinese establishment and they\u2019re equivocal about the first point and flatly contradict the second. As of November 2019, Hu Biliang, dean of the Belt and Road Institute [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-301955","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=301955"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301955\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=301955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=301955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=301955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}