BEIJING -- China's Belt and Road Initiative is making deeper inroads into the West, as partners in Asia grow more wary about being lured into "debt traps" that make them beholden to Beijing.
China announced Saturday that Peru had endorsed the massive infrastructure program, and Switzerland has said it will join during its president’s current visit to Beijing. To date, 126 countries, including 13 EU members, and 29 international organizations have signed BRI-related cooperation agreements with China.
