China to recalibrate Belt and Road, defend scheme: Report

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BEIJING: China is expected to promote a recalibrated version of its Belt and Road initiative at a summit of heads of state this week in Beijing, seeking to allay criticism that its flagship infrastructure policy fuels indebtedness and lacks transparency. The policy...

Visiting leaders will be headlined by Russia's Mr Vladimir Putin, as well as Prime Minister Imran Khan of Pakistan and Prime Minister Giuseppe Conte of Italy.

The summit"will be a time for reflection and to talk about the hopes for the future," he told Reuters. "The political part is handled by the foreign ministry now, not the National Development and Reform Commission ," said a senior Western diplomat in China, referring to the country's state planner which drafted the initiative's official outline in 2015.

In an unusual move, at least 10 of China's ambassadors and diplomats in countries such as Mexico and Kenya published letters in local media outlets to defend the initiative.

 

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