January 19, 2026

Dependency Reimagined: The String of Pearls and the Belt and Road Initiative as Tools of Global Dominance

By Gopika Santhosh

China’s Belt and Road Initiative and String of Pearls strategy illustrate the persistence of structural inequalities in contemporary global development. While ostensibly promoting connectivity and cooperation, these initiatives entrench asymmetric dependencies, aligning with the dynamics described by Dependency Theory, and reveal how economic, political, and strategic objectives converge to reinforce core-periphery hierarchies in the twenty-first century.


Throughout history, the aspirations of nations to rise, expand, and leave a lasting imprint on the world have been shaped by their interactions with others, be it through cooperation, competition, or conquest. The constant tension between progress and power often defines how countries relate to one another. In the modern era, these dynamics have taken new forms, cloaked in the language of development and mutual benefit. Amidst this backdrop, China’s Belt and Road Initiative (BRI) and its associated String of Pearls strategy emerge as powerful examples of 21st century geopolitical and economic manoeuvres. These initiatives symbolize China’s efforts to assert dominance, fostering interdependence that often blurs the lines between cooperation and dependency (Hurley et al., 2018).  

Rooted in the theoretical underpinnings of Dependency Theory, these strategies illuminate how global power asymmetries are perpetuated under the guise of development. Dependency Theory, championed by scholars like André Gunder Frank, critiques the structural inequalities between the “core” and “periphery,” wherein the economic advancement of the former thrives on the exploitation of the latter (Frank, 1966; Dos Santos, 1970). By situating these Chinese strategies within the conceptual framework of Dependency Theory, this essay explores the complex dynamics of global development, drawing parallels to other concepts like Gramsci’s hegemony and Polanyi’s critique of market-driven exploitation.  

Explanation of the Strategies and Concepts  

The Belt and Road Initiative (BRI) and the String of Pearls strategy are two central pillars of China’s geopolitical and economic ambitions that serve as modern manifestations of the economic dynamics central to Dependency Theory. The BRI, launched in 2013, aims to construct an extensive network of infrastructure across Asia, Africa, and Europe, seemingly to enhance connectivity and foster economic development (Blanchard, 2018). Similarly, the String of Pearls refers to a network of strategically positioned ports and naval bases across the Indian Ocean, reinforcing China’s dominance in maritime trade and extending its geopolitical reach (Blanchard, 2018).  

While these initiatives are presented as mutually beneficial partnerships, they are deeply rooted in a strategy that reinforces the core-periphery relations that Dependency Theory critiques. The Dependency theory gained prominence in the mid 20th  century and offers a trenchant critique of modernization paradigms that inadequately address the structural asymmetries entrenched within global economic systems. 

According to the Dependency Theory, the economic relationships between developed “core” nations and their developing “periphery” counterparts are asymmetrical and exploitative, perpetuating underdevelopment in the periphery while reinforcing the economic prosperity of the core (Frank, 1966; Prebisch, 1950). By channelling resources, wealth, and political leverage disproportionately toward the core, these relationships consolidate global hierarchies of power and prosperity. 

Contrary to the linear and universalist assumptions of traditional development models, Dependency Theory highlights the historical and systemic exploitation that shapes the uneven trajectories of global development (Dos Santos, 1970). Through its infrastructure projects, China systematically redistributes wealth, power, and resources toward itself, replicating the same exploitative dynamics that have long characterized the global economic system. 

The BRI and the String of Pearls disproportionately affect countries within the periphery. From Sri Lanka to Pakistan and Kenya, the countries involved in China’s initiatives often find themselves entangled in debt traps that limit their sovereignty and economic independence. While these countries are promised infrastructure and growth, they ultimately become dependent on Chinese capital and resources, particularly when they fail to repay the loans attached to these projects (Hurley et al., 2018). 

The case of Sri Lanka’s Hambantota Port, which was leased to China for 99 years after the Sri Lankan government failed to honour its debts, starkly exemplifies how these projects reinforce dependency (Hurley et al., 2018). This exemplifies the core-periphery relationship depicted in Dependency Theory, where the peripheral nations’ reliance on the core (in this case, China) becomes ever more entrenched, limiting their ability to shape their own development trajectories and making them subordinate to the interests of the core. 

Gramsci’s concept of hegemony offers a critical dimension to understanding Dependency Theory. In this context, it helps understand how China exercises dominance over peripheral countries, not merely through economic coercion but also by securing consent. Hegemony, according to Gramsci, is achieved when dominant powers exert influence over subordinate nations through cultural and ideological means, shaping their worldview in ways that make subjugation seem both natural and beneficial (Gramsci, 1971).  

China’s approach to the BRI is quintessentially hegemonic. By presenting the initiative as a vehicle for mutual benefit and South-South solidarity, China framed its infrastructural investments as part of a larger narrative of shared prosperity (Hurley et al., 2018). This ideological framing obscures the exploitative dynamics of the relationship and masks the dependency it creates. The “win-win” rhetoric of the BRI is a carefully crafted tool that serves to garner consent from the peripheral nations while simultaneously embedding their economies into the Chinese sphere of influence. In this way, China uses hegemony to mask the structural inequalities that shape these initiatives, making dependency appear as a mutually agreed-upon outcome rather than an imposed reality. In short, it fosters dependency under the guise of partnership. 

Similarly, Polanyi’s critique of the commodification of land, labour, and capital aligns well with the consequences of the BRI and String of Pearls strategy. In Polanyi’s seminal work, The Great Transformation, he argued that the expansion of market forces, when unregulated, destabilizes social structures and disrupts local economies (Polanyi, 1944). This critique is directly relevant to the Chinese strategies, where large-scale infrastructure projects often prioritize Chinese interests over the needs of the local populations. The projects that fall under the BRI and String of Pearls often reconfigure land use, displace communities, and transform labour markets, aligning with Polanyi’s warning about the social costs of commodification (Hurley et al., 2018). 

The unregulated market forces, exemplified by Chinese investments, lead to the commodification of land and labour, further entrenching the dependency of peripheral nations. These strategies reconfigure economies and labour markets in ways that benefit China, while leaving peripheral countries beholden to Chinese interests and capital. The reliance on Chinese financing and labour further deepens host nations’ economic dependence, while the String of Pearls intensifies geopolitical control through a network of strategically positioned ports across the Indian Ocean (Blanchard, 2018).  

These strategies, under the guise of development, exemplify how unchecked globalization can perpetuate dependency and inequity. 

Case Study: China-Pakistan Economic Corridor (CPEC) 

The China-Pakistan Economic Corridor (CPEC), a flagship project under China’s Belt and Road Initiative, provides a compelling case study that captures the dynamics of dependency in modern international economic relations. With investments estimated at over £47 billion, CPEC has facilitated extensive infrastructure development in Pakistan, ranging from highways and energy projects to the strategically pivotal Gwadar Port (Blanchard, 2018). 

Positioned as a mutually beneficial partnership, the initiative is often lauded for addressing Pakistan’s critical infrastructure deficits. However, critics argue that the underlying asymmetry is stark, as the project primarily serves China’s strategic objectives. These include securing energy supply routes that bypass chokepoints such as the Strait of Malacca, creating new markets for Chinese exports, and reinforcing its geopolitical influence in South Asia. Crucially, the reliance on Chinese contractors, materials, and labour in these projects ensures that much of the economic surplus generated is repatriated to China, leaving limited gains for the local economy (Hurley et al., 2018). 

Pakistan’s precarious economic situation amplifies this dependency. Faced with fiscal constraints, low foreign exchange reserves, and limited access to global credit markets, Pakistan had few alternatives but to engage with China on terms that heavily favour the latter. Dependency Theory provides an apt framework to analyse this, highlighting how the structural vulnerabilities of peripheral economies compel them to accept exploitative arrangements with core powers (Frank, 1966). For instance, Pakistan’s external debt obligations, which now exceed £70 billion, have heightened concerns about its economic sovereignty. The servicing of CPEC-related loans alone accounts for a substantial portion of its financial outflows, reducing fiscal space for domestic development priorities and increasing reliance on external assistance (Kamran et al., 2020; IMF, 2021). 

Moreover, the Gwadar Port, a linchpin of CPEC, illustrates the geopolitical dimensions of this dependency. While touted as a catalyst for regional trade and development, the port primarily facilitates China’s energy and strategic security by providing a direct corridor to the Arabian Sea. The heavy Chinese presence in Gwadar, spanning financial investments, operational control, and even military activity has raised alarm about Pakistan’s diminishing control over critical national assets (IMF, 2021). This dynamic echoes Dependency Theory’s assertion that the integration of peripheral economies into global systems often entrenches rather than alleviates structural inequalities (Prebisch, 1950; Dos Santos, 1970). 

The broader socio-economic implications of CPEC further illustrate the paradox of such development models. While some local employment has been generated, the dominance of Chinese firms in key sectors has restricted the spill over benefits for Pakistan’s domestic industries. Additionally, the displacement of communities and environmental degradation associated with large-scale projects like Gwadar reveal the social costs of infrastructure-led development (Wolf, 2020; Ali, 2018). Environmental assessments indicate that the rapid urbanization and industrialization around Gwadar have disrupted local ecosystems and livelihoods (Ali, 2018). 

The facade of mutual gain cleverly conceals the profound inequities embedded within these arrangements, entrenching a cycle of dependence for nations like Pakistan on China’s financial resources, technological prowess, and geopolitical ambitions. Behind the rhetoric of partnership lies a sobering truth: these relationships often deepen the vulnerabilities of the periphery while consolidating the power and influence of the core. 

Echoes of Subjugation: The Unseen Toll of Dependence 

Dependency Theory unveils the mechanisms through which global systems entrench inequities, keeping peripheral nations locked in cycles of reliance and exploitation. From Africa’s dependence on foreign aid to Latin America’s extractive economies controlled by multinational corporations, it reveals how core economies ensure their dominance by extracting resources and wealth from the periphery (Frank, 1966). This dynamic is not confined to economics but shapes the political and social fabric of dependent regions. 

The String of Pearls and Belt and Road Initiative of China illustrate the enduring relevance of Dependency Theory in understanding global development dynamics. The persistence of dependency dynamics in global relations calls into question the very foundations of development theory and practice. While Dependency Theory critically illuminates the uneven flow of resources from the periphery to the core, the future of global economic relations demands a broader rethinking of how we define development itself. 

The pursuit of “growth” often disregards the real costs borne by peripheral nations: socio-economic disparity, environmental degradation, and a loss of agency. A key challenge for contemporary policymakers lies in recognizing the urgent need for equitable frameworks that disrupt the cycle of dependency and foster self-sufficiency without the overbearing shadow of external control. 

As China consolidates its position as a global power, the critical question remains: Can development ever be truly mutual in a system predicated on dependency? To address this question, it is essential to reimagine development beyond the traditional binaries of core and periphery. For nations caught in the web of economic dependence, the path forward will not be found in merely mimicking the development trajectories of core nations. Rather, it demands fostering local capacities, redistributing power, and creating systems of trade and investment that are rooted in reciprocity and mutual benefit. Only then can the enduring structures of dependency be meaningfully challenged, allowing for the emergence of a truly just global order. 

 Bibliograpy

  • Ali, S. (2018) ‘Environmental impacts of the China–Pakistan Economic Corridor: The case of Gwadar’, Journal of Environmental Policy and Planning, 20(5), pp. 547–562.
  • Blanchard, J.-M.F. (2018) ‘The Belt and Road Initiative (BRI) as global public goods: A primer’, Asia Policy, 25, pp. 147–166.
  • Department, A. (2017) Pakistan: Selected issues. IMF Staff Country Reports, 2017(213). Available at: https://doi.org/10.5089/9781484309766.002.A004
  • Dos Santos, T. (1970) ‘The structure of dependence’, American Economic Review, 60(2), pp. 231–236.
  • Farsakh, L. (2005) Palestinian labour migration to Israel: Labour, land, and occupation. London: Routledge.
  • Frank, A.G. (1966) ‘The development of underdevelopment’, Monthly Review, 18(4), pp. 17–31.
  • Gramsci, A. (1971) Selections from the prison notebooks. Edited and translated by Q. Hoare and G. Nowell Smith. New York: International Publishers.
  • Hurley, J., Morris, S. and Portelance, G. (2018) ‘Examining the debt implications of the Belt and Road Initiative from a policy perspective’, Journal of Infrastructure, Policy and Development, 2(1), pp. 139–175.
  • Khan, S.K., Sohail, M. and Jamal, F. (2020) ‘Geo-political dimension and CPEC: Implications for South Asia’, Pakistan Social Sciences Review, 8(1), pp. 1–15.
  • Polanyi, K. (1944) The great transformation: The political and economic origins of our time. New York: Farrar & Rinehart.
  • Prebisch, R. (1950) The economic development of Latin America and its principal problems. New York: United Nations.
  • Roy, S. (1995) The Gaza Strip: The political economy of de-development. Washington, DC: Institute for Palestine Studies.
  • Wolf, S.O. (2020) China–Pakistan Economic Corridor of the Belt and Road Initiative: Concept, context and assessment. Cham: Springer.
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