China’s Belt and Road Faces Pandemic Economy

Chinese public debt is skyrocketing amid Beijing's quest for global domination

A Chinese worker carrying materials for a project of China's trillion-dollar Belt and Road Initiative in Laos, on Feb. 8, 2020 (Aidan Jones/AFP via Getty Images)
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Analysis China’s Belt and Road Initiative (BRI) is at the center of Xi Jinping’s foreign and economic policy, and a significant component of Beijing’s push for global expansion. So far, 139 countries have joined the various components, including the Digital Silk Road, Health Silk Road, and Maritime Silk Road. The BRI (also known as “One Belt, One Road”) consists of a series of linked infrastructure programs, including physical roads
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