Telecom operator Seatel discusses the challenges and strategies facing Chinese companies abroad
When Thailand’s government backed out of an agreement to lay 870 kilometers of high-speed Chinese railway through the country last spring due to financing disputes, skeptics were quick to suggest cracks were appearing in China’s “One Belt One Road” (OBOR) initiative.
Indeed, for a project on the scale and ambition of a modern-day Silk Road, which aims to build infrastructure connecting around 50 countries (and counting) over land and sea, most people were surprised that roadblocks hadn’t appeared sooner.
Over the past year, as another high-speed rail project failed to materialize in Indonesia and plans to build a vast industrial park sparked protests in Sri Lanka, critics having been impatiently trying to figure out the end-goal of China’s overseas infrastructural investments—will OBOR ultimately deliver anything new, or will China just ferry all the same goods to more countries somewhat faster than before?
Hard Cell is a story from our issue, “Wheel Life China.” To read the entire issue, become a subscriber and receive the full magazine. Alternatively, you can purchase the digital version from the App Store.