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China Daily / 2023-09 / 18 / Page015

BRI has led to common growth, not debt trap

By Liang Haiming and Feng Daxuan | China Daily | Updated: 2023-09-18 00:00

Ever since its launch 10 years ago, the Belt and Road Initiative has been widely welcomed by the global community as a bridge that supports international cooperation. Yet, there have also been baseless accusations that BRI projects lead to debt traps for its participants. This is merely a misperception, and has damaged the reputation and high-quality development of the program.

Boon for all

In fact, there have been few serious, research-based proofs that verify the Western narratives. Most of these are a result of the politicization of economic issues by scholars, government officials, think tanks and media outlets from countries such as India, the United States and Australia.

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