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Road construction workers in Colombo, Sri Lanka, on August 5, 2018. Sri Lanka is a key link in Beijing's ambitious Belt and Road Initiative. Photo: Lakruwan wanniarachchi/AFP via Getty Images

Five years after it was announced, China’s massive Belt and Road Initiative (BRI) —which could include upward of $1 trillion in new infrastructure — has yet to materialize on the ground as promised.

The details: According to Chinese President Xi Jinping and other senior officials, the BRI includes six economic corridors that that will carry goods, people and data across Asia and beyond. But a new study shows that Chinese investment is just as likely to go outside those corridors as within them. The BRI appears to be less coordinated than Beijing hopes and some critics fear.

Rather than following Beijing’s grand designs, much of the BRI’s activity to date looks more scattered and opportunistic. The exception is the China–Pakistan Economic Corridor (CPEC), which is the only corridor that connects China with a single country. China's power plants, roads and other projects along the CPEC total some $62 billion in investment, and have helped create a debt crisis in Pakistan.

The gap between China’s official plans and actual activities suggests interest groups are skewing Xi’s signature initiative. Without specific criteria for what qualifies, the BRI has grown to encompass cyberspace, the Arctic, and even outer space, and there are now BRI-branded fashion shows, marathons and art exhibits. As the list of functions and geographies grows, more interest groups enter the battle for spoils. Without more rigorous oversight by Chinese officials, there is no reason to expect this competition to converge upon the BRI’s six economic corridors.

Why it matters: Beijing’s control problem could provide an opportunity for its partners and competitors, including the U.S., to reshape parts of the BRI, minimizing costs for U.S. interests and maximizing value for global development.

Jonathan Hillman is director of the Reconnecting Asia Project at the Center for Strategic and International Studies.

Go deeper

By the numbers: Census to show first decline of white population

Expand chart
Data: U.S. Census Bureau via Brookings Institute; Chart: Sara Wise/Axios

The latest census is expected to show the first decline in history for the nation's non-Hispanic white population, according to an analysis of U.S. Census Bureau data by the Brookings Institution's William Frey.

Why it matters: The U.S. is rapidly moving toward a majority-minority population — with the racial and ethnic diversity most apparent in younger cohorts. "This really is moving in a direction that’s going to favor the issues and the political agendas of these younger people," Frey told Axios.

Democrats plot filibuster workarounds

Illustration: Aïda Amer/Axios

Several Democratic lawmakers are moving away from calls to eliminate the filibuster while privately discussing alternatives to bypass it, Axios has learned.

Why it matters: These talks have ramped up in earnest following the Republicans’ move Tuesday to block a measure to protect and expand voting rights.

1 hour ago - Politics & Policy

Infrastructure's remaining potholes

Illustration: Shoshana Gordon/Axios

President Biden declared victory in announcing the bipartisan infrastructure package. Now comes the hard part: negotiating with his own party on the separate reconciliation bill.

Why it matters: By trying to simultaneously pass two massive spending bills, Biden and congressional leaders are attempting a legislative feat that will likely require Congress to work through its August recess — and potentially well into the fall, according to lawmakers and senior staffers.

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