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The future of Chinas Belt and Road Initiative (BRI) looks uncertain as momentum for the project has tapered off in recent years. Chinas overall activity in BRI countries is down about 40% from its 2018 peak, and the project faces accusations of being an irresponsible lender. The COVID-19 pandemic has further slowed down the initiative, as global slowdown and debt crises have affected countries ability to repay loans

China is due to host representatives from around 130 countries for the two-day conference, held on Oct. 17-18, to mark the 10th anniversary of BRI.

The third Belt and Road Forum for International Cooperation (BRF) is crucial for not just consultations on the joint construction of the Belt and Road Initiative (BRI), but also the promotion of unity, cooperation and peace, at a time of global disruption and tension in hotspots in Asia, said Kairat Sarybay, secretary-general of the Conference on Interaction and Confidence Building Measure in Asia (CICA).

The 10 years of development of the Belt and Road Initiative (BRI) represents a decade of growing collaboration, sharing lessons learned and advancing a shared vision for the world, Sanda Ojiambo, assistant secretary-general and CEO of the United Nations Global Compact, said on Monday evening at a launch event that the organization held in Beijing.

Editors Note: China is holding the third Belt and Road Forum for International Cooperation (BRF) from October 17 to 18 in Beijing, marking a milestone in the development of the Belt and Road Initiative (BRI) at its 10th anniversary. Ten years ago, Chinese President Xi Jinping unveiled his proposal to jointly build the Silk Road Economic Belt and the 21st Century Maritime Silk Road, known as the Belt and Road Initiative. It was a transformative vision at that time in response to a changing global...

The third Belt and Road Forum for International Cooperation (BRF) will be held in Beijing from Tuesday to Wednesday, as the year marks the10th anniversary of the Belt and Road Initiative (BRI). Leaders and representatives of countries from around the globe and international organizations have arrived in China, and Beijing is fully prepared for this major home diplomatic event.

As the landing node for the 10-year-old BRI in East Africa, Kenya has had huge success in implementing it.

China

The rise of China and the China-proposed Belt and Road Initiative are clearly of extraordinary significance. The Third Belt and Road Summit Forum on International Cooperation to be held in Beijing will give the world a clearer understanding of peaceful development.

The growing potential of many countries, including Russia and China, contributes to the development of a multi-polar world, Russian President Vladimir Putin says.