China’s Belt and Road: Unfinished Projects and Huge Debt

China’s Belt and Road: Unfinished Projects and Huge Debt
Chinese leader Xi Jinping gives a speech at a press conference after the Belt and Road Forum at the China National Convention Center at the Yanqi Lake venue in Beijing on April 27, 2019. Wang Zhao/Getty Images
|Updated:
News Analysis
China’s Belt and Road Initiative (BRI) is a “debt trap” and “data trap,” according to British MI6 chief, Richard Moore. Eight years into the program, the BRI is littered with half-built bridges, unfinished projects, overbudget railways, roads to nowhere, significant debt, and angry people.
Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
Related Topics