NEW DELHI -- China's Belt and Road Initiative can be a game changer if developing countries in Asia use it to supplement infrastructure financing, said an expert on the ambitious project, who also warned of its risks.
According to Ganeshan Wignaraja, executive director of the Colombo-based Lakshman Kadirgamar Institute of International Relations and Strategic Studies, these risks entail debt sustainability, strains on countries' financial systems, environmental degradation and more.
