U.S.-backed smear campaign created 'debt trap' narrative to defame BRI
CGTN, 28 Jun 2022
For more:
https://news.cgtn.com/news/2022-06-27/U-S-backed-smear-campaign-designed-to-defame-Belt-Road-Initiative-1bd6VOoGFd6/index.html
Emerging #economies are cooperating through various regional programs. Among them is the #Belt and #Road #Initiative (#BRI), a long-term program launched in 2013 by #China that aims for transcontinental integration and infrastructure development.
However, as the number of countries joining the BRI rises, so is the negative reporting on it. The term "#debt #trap" has been used to describe the investments from China in #Asia, Africa, #Latin #America, and the #Caribbean on several major news outlets.
But is there any truth to that narrative?
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