Asia Society Policy Institute
September 2020
Select excerpt from July 2021: SHIELDWatch Newsletter
The strategy for the Chinese economic flagship, the Belt and Road Initiative (BRI), takes into account that simply recreating the historic Silk Road in our current climate of 5G and private space travel is not a suitable strategy to solidify the People’s Republic as an economic powerhouse. Today, the global economy stretches beyond the terrestrial, into both space and cyberspace – both of which are being pursued by Chinese state-owned entities. One of the dramatic results of Chinese investment in the BRI is an increase in defense spending – particularly funding for the People’s Liberation Army – Navy (PLAN). This coupled with port acquisition and development in strategic defense locations means that Chinese space and cyber efforts like the BeiDou satellite system – the “digital glue” for the BRI’s global economic infrastructure – are the central and final pieces of the BRI puzzle.
