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Malaysia's a big draw for China's Belt and Road plans. Finishing them is another story

The Malaysian East Coast Rail Link is a successful feat so far compared to some other Chinese investments in the country — even if it has blown past deadlines and budgets.
An unfinished bus terminal that will be joined with the East Coast Rail Link in Malaysia.

KUALA LUMPUR, Malaysia — Just north of Malaysia's capital, lush forest gives way to dirt roads, where workers from Bangladesh and Indonesia rumble past in trucks emblazoned with four Cs — for China Communications Construction Co. They're blasting a more than 8-mile-long tunnel out of solid bedrock.

The tunnel represents a feat of engineering at the heart of the East Coast Rail Link, a project to lay down more than 400 miles of train tracks connecting shipping ports on Malaysia's east and west coasts, which is the country's priciest infrastructure project to date.

But the rail link has blown past deadlines and budgets, and now also symbolizes something more: the travails of China's Belt and Road Initiative, a vast portfolio of overseas infrastructure investments that Chinese leader Xi Jinping launched a decade ago.

The BRI is underpinned by Chinese state financing and employs Chinese state contractors to build ports, roads and bridges largely in developing countries in Asia, Africa and Latin America, whichcannot finance such

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