Beyond the “Debt Trap”: China’s Infrastructure Investment in Southeast Asia
- DOI
- 10.2991/978-94-6463-706-9_53How to use a DOI?
- Keywords
- infrastructure; Belt and Road; China; Southeast Asia
- Abstract
In the dynamic landscape of Southeast Asia, the waning influence of the United States contrasts sharply with China’s burgeoning economic presence. The ambitious Belt and Road initiative has invested substantial infrastructure aid into the region, causing debates over the governance capabilities of the beneficiary states. The Lao’s Boten–Vientiane Railway and Malaysia’s East Coast Rail Link often cited for exacerbating fiscal liabilities and fostering corruption risks. This study focuses on the relation between China’s infrastructural investment and government performance within Southeast Asian nations. By analyzing these projects, it offers a novel rebuttal to common criticisms. Despite the tortuous journey of these grand infrastructural projects led by China in Southeast Asia, they have brought about significant enhancement in economic and governance capacity in the host countries.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yixuan Zhang PY - 2025 DA - 2025/05/07 TI - Beyond the “Debt Trap”: China’s Infrastructure Investment in Southeast Asia BT - Proceedings of the 2024 2th International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2024) PB - Atlantis Press SP - 594 EP - 602 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-706-9_53 DO - 10.2991/978-94-6463-706-9_53 ID - Zhang2025 ER -