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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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