The DePaulia

Poor countries take on debt with China’s Belt and Road Initiative

Poor countries take on debt with China's Belt and Road Initiative

Cole Bursch, Contributing Writer

June 3, 2019

Since China introduced its plans to rebuild ancient trading routes in Eurasia in 2013, there have been billions of dollars poured into investments in Africa and Western Asia, with signed Memorandums of Understanding in a number of European countries like Italy. But while Chinese officials have touted t...

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Belt and Road Initiative