Designed to dwarf even the Marshall Plan, the American program to rebuild Europe after World War II, China’s Belt and Road Initiative (BRI) was first unveiled by President Xi Jinping in a 2013 speech at Nazarbayev University in Kazakhstan. Beijing later pledged to invest US$1 trillion, and by some estimates as much as $8 trillion, […]

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Luiz Inacio Lula da Silva’s re-election on October 25 may have frustrated Donald Trump’s ambitions in Latin America, but the more consequential story lies beyond the ballot box on China. Brazil’s relationship with Beijing is now so deeply embedded in its economy that even a president more sympathetic to Washington would struggle to unwind it. […]

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