A model of Malaysia’s East Coast Rail Link, part of China’s controversial “Belt and Road Initiative”. Photo: Xinhua
China defends belt and road strategy against debt trap claims
- National People’s Congress spokesman positive ahead of planned April summit for participants in the multibillion-dollar infrastructure scheme
- Backlash suggests deep-seated anxieties over Beijing’s strategic intentions
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Two Sessions 2019 (Lianghui): Top Priorities
A model of Malaysia’s East Coast Rail Link, part of China’s controversial “Belt and Road Initiative”. Photo: Xinhua
Security forces near a sign that reads “First Pakistani Branch in China” in Gwadar. Photo: Bloomberg
Explained: Belt and Road Initiative
- Supporters laud it as a bold initiative that fulfils the needs of emerging markets for infrastructure investment
- But critics warn of a lack of transparency and sustainability, while some countries have re-evaluated deals
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Belt and Road Initiative
Security forces near a sign that reads “First Pakistani Branch in China” in Gwadar. Photo: Bloomberg