Engineers from Tanzania and China chat at the construction site of the project to upgrade Dar es Salaam Port in Tanzania, on July 8, 2020. Photo: Xinhua Engineers from Tanzania and China chat at the construction site of the project to upgrade Dar es Salaam Port in Tanzania, on July 8, 2020. Photo: Xinhua
Engineers from Tanzania and China chat at the construction site of the project to upgrade Dar es Salaam Port in Tanzania, on July 8, 2020. Photo: Xinhua
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

What differentiates the US-driven Blue Dot Network from China’s Belt and Road Initiative? Money

  • The revived Blue Dot Network is the latest in a series of attempts by the US, Japan and Australia to counter China’s transnational infrastructure-focused scheme
  • However, it lacks the funding needed to back projects in the way China has been able to, using its foreign exchange reserves and financing from state banks

Engineers from Tanzania and China chat at the construction site of the project to upgrade Dar es Salaam Port in Tanzania, on July 8, 2020. Photo: Xinhua Engineers from Tanzania and China chat at the construction site of the project to upgrade Dar es Salaam Port in Tanzania, on July 8, 2020. Photo: Xinhua
Engineers from Tanzania and China chat at the construction site of the project to upgrade Dar es Salaam Port in Tanzania, on July 8, 2020. Photo: Xinhua
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Anthony Rowley

Anthony Rowley

Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. He was formerly Business Editor and International Finance Editor of the Hong Kong-based Far Eastern Economic Review and worked earlier on The Times newspaper in London