Xi Pledges Over €100 Billion in BRI Financing Amid Debt Worries and Slowing Economy

China's President Xi Jinping announced over €100 billion in Belt and Road Initiative financing at the Forum in Beijing.

However, BRI loans have plunged some countries into debt crises, raising concerns about China's influence.

Xi promised foreign companies better access to China's market and pledged to remove restrictions on foreign investment.

The promises come as China's economy slows and foreign investment drops amid efforts to reduce reliance on China.

Russian President Putin attended the ceremony in his first trip outside former Soviet Union since the war crime warrant.