The 10th Anniversary of China's Belt and Road Initiative Showcases Debts, Corruption, and Geopolitical Concerns

Trade & Border IssuesHot Spots
Written By Jennifer Joslyn

The 10th anniversary of China's Belt and Road Initiative (BRI) has highlighted significant challenges and concerns. The BRI, initially aimed at funding infrastructure and connectivity, has instead burdened participating countries with staggering debt, pushing some into bankruptcy. Reports of failing and wasteful infrastructure projects, fueled by Chinese-fueled corruption, raise questions about the program's effectiveness. Additionally, the BRI has been used by China to exert influence, undermine democracy, and engage in surveillance and military activities, leading to criticism of its "win-win" cooperation rhetoric. As the BRI continues, participating countries should be cautious about the strings attached to Chinese investments.

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Jennifer Joslyn
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