China Reins In Its Belt and Road Program, $1 Trillion Later

9/27/2022 4:45:00 AM

Xi Jinping once called China’s Belt and Road program “a project of the century.” Troubled loans and a slowing economy are forcing Beijing to rein it in.

Leder, Wsjworld

Xi Jinping once called China’s Belt and Road program “a project of the century.” Troubled loans and a slowing economy are forcing Beijing to rein it in.

After tens of billions of dollars in loans have gone sour and many infrastructure development projects have stalled, Beijing is revamping its troubled initiative.

A construction site in Sihanoukville, Cambodia, part of China’s Belt and Road initiative, in 2019.Brent Lewin/Bloomberg NewsLingling WeiSept. 26, 2022 10:10 am ETChina has spent a trillion dollars to expand its influence across Asia, Africa and Latin America through its

. Now, Beijing is working on an overhaul of the troubled initiative, according to people involved in policy-making.

Read more:
The Wall Street Journal »

Who should you root for at the FIFA World Cup?

My New Favorite Futbolista will introduce you to the World Cup’s most inspiring soccer players and the causes they champion. New episodes hosted by former Colombian striker Juan Pablo Ángel and LX News host Eric Alvarez will drop November 1 in English and Spanish. Watch the trailer HERE. Read more >>

BS propaganda nonsense, the west cannot stop its China bashing, isn't it? What a happy pay day. I received my payout today and I’m so happy to be a member of your company thank you Lauren_Flores_1 Where is Xi? Debt and Road is more like it. China is actually planting tees as a country, while in the US.... 'When the trees go, deserts come,'

Not a surprise.

American Cancer Society looking for volunteers to drive cancer patients to treatmentThe American Cancer Society’s Road To Recovery program offers free transportation to those undergoing cancer treatment. The death dealers are offering free rides to cash out your estate with a technology that's never worked for anyone in history! Nah, I'm good!

Report: China Paid U.S. Lab Scientists Up to $1 Million for Research, Including Military TechA security firm called Strider Technologies published a report this week that said China paid leading scientists at America’s Los Alamos National Laboratory hefty sums of money to conduct research for the Chinese Communist government. Not just there I’d believe that look in the lower right, that's Biden

Grand jury indicts man accused of deadly shooting at Cleveland grocery storeAccording to Cleveland police, Tykis Banks shot and killed Gerrell Miles, 36, on July 26.

China: Plug-Ins To Be Exempt From Purchase Taxes In 2023 TooChina has decided to extend support for New Energy Vehicles for a little bit longer, probably to avoid any more drama in an already challenging situation.

Nissan Dealership Employee Allegedly Steals $1.3 Million in FraudProsecutors have charged a Pine Belt Nissan employee after an alleged advertising advertising budget scheme.

After loans have gone sour and projects have stalled, Beijing is revamping its troubled initiative A construction site in Sihanoukville, Cambodia, part of China’s Belt and Road initiative, in 2019.The program was suspended during the pandemic, but the organization wants to relaunch.a Senate committee that over 500 federally funded scientists were under investigation for possible links to China and other foreign powers.Share on Pinterest Share on LinkedIn CLEVELAND, Ohio (WOIO) - A Cuyahoga County Grand Jury indicted a 23-year-old man for the July murder outside the Save-A-Lot near W.

Brent Lewin/Bloomberg News Lingling Wei Sept. 26, 2022 10:10 am ET China has spent a trillion dollars to expand its influence across Asia, Africa and Latin America through its . Health Reporter Haley Hernandez rode with volunteer driver, Patsy Gatterson, through Greenspoint on Monday. Now, Beijing is working on an overhaul of the troubled initiative, according to people involved in policy-making.S. A . Her mother and father, of Fifth Ward, both died of pancreatic cancer.