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Is hidden from public view. so, the belt and road initiative has really created major debt sustainability challenges for poor countries. beijing really has a buyers remorse problem on its hands. many foreign leaders who were initially eager tojump on the belt and road bandwagon are now suspending or cancelling chinese investments or projects because of the debt sustainability concerns and because changes in public opinion are making it difficult for these leaders to maintain close relations with beijing. chinese banks have defended their loan system and the belt their loan system and the belt and road initaitve. a spokesperson for the china led asianinfrastructure investment bank, which is closely linked to the bri, said the overarching principles of the belt and road initaitve are sound . and on the concerns about high risk loans the they said we advocate for high international standards . quick reminder of our main story as a court in london has heard details ....
Serious implementation problems, like corruption scandals, labour law violations and public protests. so why should the world sit up and listen to this, why should the world worry about it? well, beijing has a buyer s remorse problem on its hands. many foreign leaders initially eager tojump on the belt and road bandwagon are now suspending or cancelling chinese infrastructure projects because of the debt sustainability concerns and because changes in public opinion are making it difficult for these leaders to maintain close relations with beijing. the jury is still out as to whether that will undermine the long run sustainability or belt and road, but clearly beijing needs to watch its flank, because there will soon be greater choice in the infrastructure financing market which could lead to high profile defections from the belt and road, ....