China aims to make the Belt and Road initiative sustainable and prevent debt ris...
BEIJING - China aims to make the Belt and Road initiative sustainable and prevent debt risks, its finance minister said on Thursday, seeking to allay criticism that the infrastructure plan to boost trade and investment creates a heavy burden for some nations.
Western governments have tended to view it as a means to spread Chinese influence abroad, saddling poor countries with unsustainable debt. While most of the Belt and Road projects are continuing as planned, some have been caught up by changes in government in countries such as Malaysia and the Maldives.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China to recalibrate Belt and Road, defend scheme against criticismChina is expected to promote a recalibrated version of its Belt and Road initiat...
Read more »
In nod to debt concerns, China Belt and Road summit to urge sustainable financingWorld leaders meeting in Beijing this week for a summit on China's Belt and...
Read more »
China aims to make Belt and Road sustainable, prevent debt risksChina aims to make the Belt and Road initiative sustainable and prevent debt ris...
Read more »
Belt and Road repairs fix only some potholesBeijing's gathering this week to promote its $1 trln-plus foreign policy push comes after a year of unprecedented troubles, from Pakistan to Malaysia. Under pressure, China has shown some welcome flexibility. But U.S. hostility is ramping up too; that’s far harder to pave over.
Read more »
Japan’s Silent Belt and Road Is Beating China’sChina’s so-called Belt and Road initiative has been the subject of relentless media coverage. But Beijing’s flagship program of outward investment in several ways has been outmatched by Japan’s near-silent efforts.
Read more »
Peru to sign MoU to join China's Belt and Road club in coming days: Chinese ambassadorPeru will sign a memorandum of understanding to join China's Belt and Road ...
Read more »
Opinion | The forgotten victims of China’s Belt and Road InitiativeOverseas Chinese workers are particularly vulnerable to exploitation.
Read more »
China says Silk Road not geopolitical tool, understands concernsChina's Belt and Road project is not a 'geopolitical tool' or a d...
Read more »
A conveyor belt of Sahara Desert sand is sweeping dust to Europe and the Arctic CircleThe dust has trekked as far poleward as Scandinavia, and could be swept back toward Greenland in the next 72 hours.
Read more »
Nintendo Seeks to Sell the Switch in ChinaNintendo has submitted a request to the Chinese government for approval to sell its Switch console in China, potentially opening up a major market long closed to the Japanese videogame maker’s flagship consoles.
Read more »
China says its economic growth is improving, but analysts warn it still needs stimulusChina's stronger-than-expected growth claim may be tempting policymakers to pare back stimulus. Analysts say that would be a mistake.
Read more »