The U.S. House Select Committee on Strategic Competition between the United States and the Chinese Communist Party (CCP) raised warnings on May 16 that the Chinese regime is using its Belt and Road Initiative (BRI) to force developing nations into debt, then leverage its financial influence over them.
At a hearing titled “All Roads Lead to Beijing? The CCP’s Global Development Offensive,” committee members heard from David Trulio, president and CEO of the Ronald Reagan Presidential Foundation and Institute; Daniel Runde, senior vice president of the Center for Strategic and International Studies (CSIS); and Brad Parks, executive director of AidData at William and Mary’s Global Research Institute.