After the global financial crisis, Beijing led the world out of recession, courtesy of a vast stimulus plan that led to a ballooning of national debt, but also funded a host of projects deemed vital to its long-term interests.
This gave China belief it could build its way to success. To an extent, it did, carpeting the country with high-speed rail – though its plans to remodel global infrastructure, via the Belt and Road Initiative (BRI), have been somewhat derailed of late.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
