DANIEL MARKEYLast May, Chinese President Xi Jinping described the Belt and Road Initiative as the “project of the century.” Premier Li Keqiang has identified the China-Pakistan Economic Corridor (CPEC) as the initiative’s “flagship project.” Marked by the fanfare of high-flying rhetoric and backed by billions of dollars in new investments, China has undeniably taken on a new and more active role in Southern Asia.
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