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Japan Ups Its Infrastructure Game Against China's Belt And Road

by forbes.com posted 2years ago 2726 views
<p>Japan, too, is building the New Silk Road. What has generally been posited as a Chinese initiative since Xi Jinping announced the Belt and Road initiative in 2013 is actually&nbsp;<a href="http://www.forbes.com/sites/wadeshepard/2016/10/14/regardless-of-what-beijing-says-the-new-silk-road-is-not-chinese/" target="_self">a multifaceted, international undertaking</a>&nbsp;which contains&nbsp;<a href="https://reconnectingasia.csis.org/analysis/competing-visions/" target="_blank">many complementary and competing visions</a>&nbsp;from various countries across Eurasia. While China is currently&nbsp;<a href="http://www.voxeurop.eu/en/content/article/716731-motorway-china-couldnt-build" target="_blank">going through the growing pains</a>&nbsp;of being a big time international infrastructure investor, Japan has been at it for decades, providing massive amounts of money and direction for the development of roads, rail lines, metro systems, and ports across Asia via financing vehicles like the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA).</p>