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The Independent UK

National

Ken Moritsugu

China touts its Belt and Road infrastructure lending as an alternative for international development

China BRI Kevin Gallagher Belt-and-Road initiative

Copyright 2023 The Associated Press. All rights reserved.

China is touting its 10-year-old Belt and Road Initiative as an alternative model for economic development, releasing a government report that praises the program while glossing over criticism that it has saddled poor countries with too much debt.

The program championed by Chinese leader Xi Jinping has financed construction of ports, power plants, railroads and other projects around the world.

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