China to recalibrate Belt and Road, defend scheme against criticism


  • World
  • Wednesday, 24 Apr 2019

People walk past a flower arrangement set up to mark the upcoming Belt and Road Forum in Beijing, China April 19, 2019. Picture taken April 19, 2019. REUTERS/Thomas Peter

BEIJING (Reuters) - China is expected to promote a recalibrated version of its Belt and Road initiative at a summit of heads of state this week in Beijing, seeking to allay criticism that its flagship infrastructure policy fuels indebtedness and lacks transparency.

The policy championed by Chinese President Xi Jinping has become mired in controversy, with some partner nations bemoaning the high cost of projects. Western governments have tended to view it as a means to spread Chinese influence abroad, saddling poor countries with unsustainable debt.

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