Business Insider -
3 Jul 2018 03:00

REUTERS/Jason Lee China's sprawling Belt and Road Initiative has spread development funding around Asia, Africa, and Europe. But foreign governments have warned the terms of BRI deals could pose risks to the countries signing them. Now officials in Beijing appear to be acting on their own concerns about unsustainable spending and unwieldy debt. Since announcing its Belt and Road Initiative five years ago, China has spread billions of dollars around Asia, Africa, and Eastern Europe, supporting a ...
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