China, BRI Countries Confront Covid-19

The ties that bind are likely to get more binding

By: Toh Han Shih

The global economic fallout of Covid-19 can be expected to strengthen China’s ties to countries involved in Beijing’s Belt and Road Initiative, leaving some debt-strapped economies in worse shape and increasing their need for Chinese bailouts – a “make-or-break for the increasing globalization of the BRI,” said Andre Wheeler, chief execu…