Rising Debt in BRI Countries Also Traps China

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China's president Xi Jinping arrives in HK
  • Country defaults are raising risks for China’s Belt and Road Initiative (BRI).
  • In particular, China’s large loans to Russia could face repayment delays amid Moscow's Ukraine war.
  • Inflationary and energy security pressures are meanwhile forcing China to delay plans to "green" the BRI.

The Issue

Security Risk , Sanctions, Macroeconomics , Coal
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