Why the Belt and Road Initiative Is Anything but a Debt Trap

摘要

cqvip:ALMOST six years after Chinese President Xi Jinping proposed the Belt and Road Initiative (BRI), the grand vision for promoting common development through better connectivity among countries and regions has been morphing into a solution for speeding up global cooperation for greater prosperity. But as global enthusiasm for and confidence in the BRI grow, some noises ensue, often with ill intentions to discourage its wide adoption and send misleading messages to nations who seek to benefit from BRI participation. One such message claims that the BRI pushes some countries into a “debt trap.”