Pacific Geopolitical Maneuverings

In the past few years, bullish visions of China’s regional aspirations have dissipated as its own domestic economic realities have become clear. There has been a significant fall in China’s development spending in the Pacific since 2016. Observers have noted that this is linked to a decrease in Chinese loans across the region, although this has also been a global phenomenon. Expectations around the BRI in the Pacific have also been tempered as various projects have stalled with commentators observing that “half-finished Chinese skyscrapers stand in disrepair” in various Pacific Island countries.

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