Chinese FM denies BRI caused 'debt trap'

2023-03-07 Editor : Luo Pan ECNS App Download

Chinese Foreign Minister Qin Gang rejected claims that the Belt and Road Initiative (BRI) has resulted in debt traps, saying that the initiative has evolved from vision into reality, boosted development in partner countries and delivered tangible benefits to their people.

Speaking at a news conference on the sidelines of the first session of the 14th National People's Congress, Qin said the BRI has generated nearly one trillion U.S. dollars of investment, established more than 3, 000 cooperation projects, created some 420,000 jobs in countries along the routes and helped lift nearly 40 million people out of poverty over the past decade.


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