International infrastructure projects : China's investments significantly outpace the U.S., and experts suggest potential improvements to the U.S. approach : report to congressional committees / United States Government Accountability Office.

Format:

Book

Government document

Author/Creator:

United States. Government Accountability Office, author, issuing body.

Language:

English

Subjects (All):

Yi dai yi lu (Initiative : China)--Strategic aspects.

Yi dai yi lu (Initiative : China).

Economic assistance, Chinese--Strategic aspects.

Economic assistance, Chinese.

Economic assistance, American--Strategic aspects.

Economic assistance, American.

Infrastructure (Economics)--Political aspects.

Infrastructure (Economics).

Physical Description:

1 online resource (iv, 74 pages) : color illustrations, color map

Other Title:

GAO-24-106866 China

Place of Publication:

Washington, DC : United States Government Accountability Office, 2024.

Summary:

The BRI is the PRC's signature foreign policy initiative that aims to strengthen the PRC's global standing and influence. This initiative seeks to expand the foreign presence of Chinese state firms, create new markets for PRC goods, and secure access to strategic commodities for the PRC's' economic development. The BRI is considered by some observers to pose a significant challenge to U.S. economic, political, and security interests around the world. This report examines, among other objectives, the nature and scope of the BRI and of U.S. foreign assistance for international infrastructure projects, and the reported effects of BRI investments on host countries. This report also discusses policy options that were identified by experts as having the potential to improve U.S. assistance for international infrastructure projects.

Contents:

Background

The PRC provided countries significantly more funding for international infrastructure projects than the U.S.

BRI financing is associated with some economic benefits for host countries but has exacerbated debt burdens and posed other challenges

BRI infrastructure investments may impact U.S. economic, political, and security interests around the world

Experts suggested potential improvements to address challenges in financing and implementing U.S. infrastructure projects abroad

Agency comments

Appendices.

Notes:

"September 2024."

"GAO-24-106866."

In scope of the U.S. Government Publishing Office Catalog and Indexing Program (C&I) and Federal Depository Library Program (FDLP).

Includes bibliographical references.

Description based on online resource; title from PDF title page (GAO, viewed September 14, 2024).

OCLC:

1455744911