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China Changes Gears on the Belt and Road Initiative

Apr 26, 2019 | 05:45 GMT
Chinese Foreign Minister Wang Yi speaks during the opening session of the Belt and Road Forum on Legal Cooperation at the Diaoyutai State Guesthouse in Beijing on July 2, 2018.

Chinese Foreign Minister Wang Yi speaks during the opening session of the Belt and Road Forum on Legal Cooperation at the Diaoyutai State Guesthouse in Beijing on July 2, 2018. China is seeking to sweeten the pot to convince countries along the BRI route not to abandon the initiative.

(GREG BAKER/AFP/Getty Images)

Nearly six years since its inception, the Belt and Road Initiative, China's sprawling infrastructure program that spans Eurasia and the maritime sphere, has generated both enthusiasm and alarm in equal measure. The initiative's focus on infrastructure development, as well as Chinese financing options that are more enticing than those of...

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