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Beijing’s Building Boom
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Beijing’s Building Boom

How the West Surrendered Global Infrastructure Development to China


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Editorial Rating

8

Qualities

  • Innovative
  • Eye Opening
  • Background

Recommendation

China is dominating global infrastructure investment. Experts variously attribute China’s newfound leadership role to the authoritarian nature of its regime, its assertive foreign policy and the country’s government-subsidized construction industry. As three Stanford scholars argue in Foreign Affairs, however, these factors only explain half of the story. getAbstract recommends the article to managers in the building industry and those interested in China’s geopolitical influence.

Take-Aways

  • China has surpassed Western institutions to become the world’s biggest development lender.
  • China aims to use infrastructure investments to further its economic and geopolitical interests.
  • While Western institutions require borrowers to adhere to stringent standards, China hands out loans with few strings attached. 

About the Authors

Bushra Bataineh is a doctoral candidate in civil and environmental engineering at Stanford University. Michael Bennon is Managing Director of the Global Projects Center at Stanford University. Francis Fukuyama is a senior fellow at the Freeman Spogli Institute for International Studies.


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