Report: China's Belt and Road Brings Corruption and Debt, Not Development
• China's Belt and Road Initiative (BRI) has failed to achieve its original goals and instead brought corruption, debt, and environmental damage.
• Massive corruption generated political backlash against China and participating governments.
• Projects were often unnecessary, poorly planned or constructed yet still incurred huge debts.
• Italy withdrew from the BRI due to unequal trade opportunities for Italian companies.
• The report recommends the U.S. counter China's influence by increasing investment in developing nations under the bipartisan BUILD Act.