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

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

©The Financial Times Limited 2020 Oct 23, 2023 / 08:51 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

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

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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