Part 6/15:
While global headlines often spotlight China’s Belt and Road Initiative (BRI), Japan is quietly leading in infrastructure finance. According to Fitch Solutions, Japanese investments amount to approximately $330 billion in ASEAN projects—far exceeding Chinese commitments of around $100 billion. This financing underpins projects like port development in Cambodia and transportation links in Thailand, fostering regional growth and supply chain resilience.
Japan's strategic, behind-the-scenes approach contrasts sharply with China’s overt signage and branding on infrastructure projects. This subtlety reflects Japan’s desire to build influence without provoking direct competition or geopolitical confrontation, especially given its complex relationship with China.