Part 8/9:
China’s commitment to the BRI overarching objectives go beyond mere economic interests. The initiative offers strategic advantages, including securing energy routes, establishing influence over partner nations, and counterbalancing Western and American regional influence. China's approach reflects a long-term vision, where short-term economic gains are secondary to strategic positioning.
President Xi Jinping's administration appears to balance these broader ambitions with pragmatic economic considerations, gradually opening China's capital account while acknowledging challenges faced along the way. The strategy indicates an understanding that China cannot revert to a solely inward-looking stance, emphasizing the importance of maintaining an open, global economic posture.