A road project developed as part of China’s “Belt and Road Initiative” is seen under construction in Pakistan in December. Photo: AP
A road project developed as part of China’s “Belt and Road Initiative” is seen under construction in Pakistan in December. Photo: AP

China’s belt and road plan is a major debt risk for weak economies, report says

Beijing should make programme more multilateral, involve development bodies like the World Bank, US researchers say

A road project developed as part of China’s “Belt and Road Initiative” is seen under construction in Pakistan in December. Photo: AP
A road project developed as part of China’s “Belt and Road Initiative” is seen under construction in Pakistan in December. Photo: AP
READ FULL ARTICLE