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Souring Deals Put China's Belt and Road Dreams Under Pressure

Malaysia moves to end $20 billion Beijing-backed rail project
Decision adds urgency for Xi to rethink signature initiative

relates to Souring Deals Put China's Belt and Road Dreams Under Pressure — Photographer: Doug Kanter/Bloomberg

By

Iain Marlow and

January 29, 2019, 8:00 PM UTCUpdated onJanuary 30, 2019, 8:55 AM UTC

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Chinese President Xi Jinping already had plenty of reasons to rethink his grand plan to build railways, ports and other infrastructure across the globe. Malaysia has given him 20 billion more.