Sixteen Republican U.S. senators have expressed concern about developing countries being weighed down by Chinese debt amid the COVID-19 pandemic.
The debts are in connection with loans that the Beijing regime has offered to countries under its foreign policy project, the Belt and Road Initiative (BRI, also known as One Belt, One Road). Rolled out in 2013, the strategy aims to build Beijing’s geopolitical influence along trade routes linking China, Southeast Asia, Africa, and Europe.
