Belt & Road Initiative Failing as Debt Fears Grow and Countries Exit

Belt & Road Initiative Failing as Debt Fears Grow and Countries Exit

More than $1 trillion is down the drain. That might be China’s future as their Belt and Road Initiative is in shambles. The BRI is a colossal global infrastructure project sometimes referred to as the New Silk Road.

But more and more countries are bailing out of this project.

The reasons range from COVID-19, excessive borrowing and lending, and the Ukraine War. But stick around for all the details, as the truth is not so simple.

In today’s video we look at Belt & Road Initiative Failing as Debt Fears Grow and Countries Exit

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Inspired by Italy, largest economy to sign China’s Belt & Road pact, weighs how to exit the initiative | DW

Inspired by Report: China’s Belt and Road loans are putting borrowers and Chinese banks in danger | DW

Inspired by More countries are struggling to pay back Chinese debt | DW Business

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