China's Belt and Road Initiative Brings Opportunities and Backlash
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The Belt and Road Initiative (BRI) is China's trillion-dollar investment in infrastructure and development projects across 150 countries over the past decade.
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The BRI has brought economic benefits for China through increased trade and access to resources, but many recipient countries face unsustainable debt burdens.
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The BRI has expanded China's influence globally, but has also sparked a backlash over debt, environmental issues, and sovereignty concerns.
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China has adjusted its approach to focus more on digital infrastructure and sustainable development to address criticisms.
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The BRI positions China as an alternate leader of globalization, but it remains debated whether the world wants a China-led world order.