SHANGHAI -- China on Tuesday said it will ramp up the Belt and Road Initiative (BRI) as it turns a decade old, snubbing criticism that the globe-spanning investment blitz is a debt trap for developing nations.
Pledge comes as Xi Jinping's globe-spanning infrastructure blitz turns decade old
Workers at a construction site for the East Coast Rail Link, a Chinese-invested railway project in Malaysia. © Reuters
SHANGHAI -- China on Tuesday said it will ramp up the Belt and Road Initiative (BRI) as it turns a decade old, snubbing criticism that the globe-spanning investment blitz is a debt trap for developing nations.