The Australian federal government recently resolved to scrap the Victorian state government’s Belt and Road Initiative (BRI). The timing of this decision needs to be contemplated as ongoing developments may trouble bilateral relations between Australia and China, writes John Varano.
The COVID-19 pandemic has ignited new debate on China’s flagship foreign policy, the Belt and Road Initiative (BRI). Against the official position of the Australian federal government, the state of Victoria has recently signed on.
Hosting an internationally prominent sporting event invites the global spotlight, provides an injection of tourism money, and a chance for a city or a country to rebuild or develop infrastructure. However, it also brings an immense financial commitment and great risk.
Did you know that the seventh most expensive building in the world is being built right here in Australia? It’s the new Royal Adelaide Hospital (nRAH)—a project that is 18 months behind schedule and $640 million over budget.