Belt and Road Initiative

Xiengyod / CC BY-SA 4.0 / Wikimedia Commons

Here’s a question that’s familiar to residents of Oahu: what’s the best way to pay for a multi-billion dollar rail project? It’s a question that’s also coming under increased focus in Thailand.

NordNordWest / Wikimedia Commons

37 world leaders gather in Beijing this week for a Belt and Road Summit. Addressing concerns about China’s goals, Foreign Minister Wang Yi told reporters last week that the huge infrastructure project is not a “geopolitical tool.” But China’s economic clout inevitably builds political influence.

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Infrastructure spending is an issue before both the state legislature and the U.S. congress. It’s also the topic of an international gathering next week in China.