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RE: LeoThread 2025-01-28 12:24

in LeoFinance11 months ago

Part 8/10:

The Belt and Road Initiative (BRI), promoted by China's leadership as a means to foster worldwide development, has also become synonymous with dissatisfaction in several participant countries. Reports indicate that instead of the promised prosperity, many nations are burdened with crippling debt and economic hardship.

There are accusations of predatory lending practices, and national leaders have voiced concerns over the exploitative nature of these agreements. Critics argue that the BRI has not only failed to deliver on its lofty promises but also deepened the economic dependency of participating nations on China.

Conclusion: Persistent Struggles Ahead