Workers inspect tracks at the Dazhou railway station in Sichuan province, part of a Belt and Road Initiative freight rail route. In recent months, the US has taken steps to offer developing economies an alternative to the Belt and Road Initiative. Photo: Reuters

US, Canada and EU to offer ‘robust alternative’ to state-led development finance, as belt and road increases reach

  • The new Overseas Private Investment Corporation alliance is its second, following one last year with Japan and Australia
  • OPIC head David Bohigian says, ‘We’re trying to hold up an example ... of the way that development finance should work’
Topic |   Belt and Road Initiative

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Workers inspect tracks at the Dazhou railway station in Sichuan province, part of a Belt and Road Initiative freight rail route. In recent months, the US has taken steps to offer developing economies an alternative to the Belt and Road Initiative. Photo: Reuters
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