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.
Peru signs up to initiative with Switzerland set to join soon

Chinese President Xi Jinping and other leaders stand for a group photo at a welcoming banquet for the Belt and Road Forum at the Great Hall of the People in Beijing. © Reuters
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.