What’s stalling Xi Jinping’s grandiose imperial dream? No money

Special to WorldTribune.com

By Willy Lam, EastAsiaIntel.com

Remember the “One Belt One Road” (OBOR), a multi-trillion-dollar intercontinental project that underpins President Xi Jinping’s ambition to catapult China to super-power status?

oborThe “Silk Road Economic Belt” links China with Central Asia, Turkey and all the way to Eastern Europe through a series of high-speed railways, highways and oil pipelines.

The “21st Century Maritime Silk Road” envisages a web of ports, container ports, and other infrastructure undertakings that will cover countries stretching from Indonesia and Malaysia through to the Indian Subcontinent to East Africa.

OBOR has been viewed as not only the building block of President Xi’s much-ballyhooed Chinese Dream but also a cornerstone of his legacy.

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