China’s massive ‘Belt and Road’ spending spree has caused concern around the world, and now it’s China’s turn to worry
China’s sprawling Belt and Road Initiative has spread development funding around Asia, Africa, and Europe. But foreign governments have warned the terms of BRI deals could pose risks to the countries signing them. Now officials in Beijing appear to be acting on their own concerns about unsustainable spending and unwieldy debt. Since announcing its Belt […]
