Security forces near a sign that reads “First Pakistani Branch in China” in Gwadar. Photo: Bloomberg
Explainer |
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
Security forces near a sign that reads “First Pakistani Branch in China” in Gwadar. Photo: Bloomberg