China: BRI Financing to Remain Low, Leaving Global South in the Lurch
Jan 26, 2023 | 17:27 GMT
According to a study conducted by the Global Development Policy Center at Boston Univerity, China has significantly reduced the scale of its Belt and Road Initiative (BRI) financing in recent years as part of a strategic shift that has seen Beijing focus on more "small [and] beautiful" projects (i.e. those that are lower value and higher quality) while avoiding projects on indigenous lands and at-risk habitats, the South China Morning Post reported Jan. 26....