The initiative is one of the biggest development programmes in history. Ten years on, the government is bailing out hundreds of billions of dollars worth of loans to protect its development banks from default. So should the BRI be regarded as a success and what comes next? The FT's James Kynge talks to the Overseas Development Institute's Yunnan Chen.
This FT clip celebrates the 10th anniversary of the Belt and Road Initiative being launched by China, and whether or not its been successful or not.
Certainly, it's been a remarkable policy initiative, looking at fostering economic development in developing economies as well as resolving some of China's own economic contradictions - notably in dealing with excess capacity in certain sectors, and in pushing exporters into searching for the most profitable opportunities.
This interview details how some of the $1 trillion that China has spent, notably on hard infrastructure such as railways and port facilities.