Source: Monthly Review Foundation |

A Critical Look at China’s One Belt One Road Initiative

There are reasons to believe that this strategy is seriously flawed, with working people, including in China, destined to pay a high price for its shortcomings

By Martin Hart-Landsberg China’s growth rate remains impressive, even if on the decline. The country’s continuing economic gains owe much to the Chinese state’s (1) still considerable ability to direct the activity of critical economic enterprises and sectors such as finance, (2) commitment to policies of economic expansion, and (3)…