Belt and road initiative: Xi's $1 trillion 'project of the c

Belt and road initiative: Xi's $1 trillion 'project of the century' faces uncertain future

The future of China's Belt and Road Initiative (BRI) looks uncertain as momentum for the project has tapered off in recent years. China's 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

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