debt traps

Xi Jinping Promises More Transparent and Sustainable ‘Belt and Road’

Chinese President Xi Jinping addressed the second annual Belt and Road Forum in Beijing on Friday. His speech was covered by Chinese media as triumphant exultation of an astounding international trade and infrastructure project, while foreign reporters heard a series of signals to nervous participants and prospects that the Belt and Road Initiative (BRI) will become more transparent, financially sustainable, and politically neutral in the years ahead.

China's Xi aims to soothe Belt and Road fears

China Sells ‘Public Good’ of Belt and Road Debt Traps at U.N.

Chinese Foreign Minister Wang Yi, representing Communist Party leader Xi Jinping at the United Nations General Assembly on Friday, used his time to urge “win-win cooperation,” promote the sprawling One Belt, One Road (OBOR) debt trap project, and generally avoid confrontation with the United States.

The Associated Press