Nine years after it was launched by President Xi Jinping, the Belt Road Initiative (BRI) appears to have lost steam with virtually no new Chinese investment in third countries post-Covid pandemic. While a section of Beijing watchers believe that this is an indicator of the hit that the Chinese economy has taken during the pandemic and as a result of its zero-Covid policy, the BRI appears to be under revaluation with recipient countries wary of the debt trap and its economic feasibility. Watch this video for more.
E-Paper
