Ten years of China’s Belt and Road: what has $1tn achieved?

The massive infrastructure initiative has granted Beijing additional influence, but critics question whether the cost has been worth it

Financial Times

©The Financial Times Limited 2020 Oct 23, 2023 / 08:51 AM IST
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Ten years of China’s Belt and Road: what has $1tn achieved?

An upsurge in financial distress in several BRI recipient countries has obliged Beijing to fork out huge bailouts. This has raised questions of whether Beijing is rethinking the whole scheme.

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