China's Belt and Road Initiative takes new path after decade of big projects and debts

China's Belt and Road Initiative takes new path after decade of big projects and debts

China's Belt and Road Initiative (BRI) is scaling down and going green after a decade of trade-boosting, debt-inducing, and environmentally problematic large projects. The shift aligns with a meeting of leaders from developing nations at a BRI forum in Beijing. The initiative, which has globally expanded infrastructure and bolstered China's regional relationships, is a crucial part of President Xi Jinping's global engagement strategy.

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