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CRUMBLING! 10 Years of China's Belt and Road Initiative
1 year ago
3
This year China is celebrating 10 years since the launch of its Belt and Road Initiative, or as some call it, it's Debt and Noose Initiative. It's supposed to help developing countries that wouldn't qualify for aid from western-backed institutions to develop their infrastructure. But the BRI has gained a reputation as putting developing countries deep in debt for shoddy projects that don't make money.
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