Impact of China’s BRI on global development

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Ten years after it was launched, China's Belt and Road Initiative has become a gigantic infrastructure project connecting the world by land and sea.

How does Beijing's approach differ from traditional Western models? Former Chilean ambassador Jorge Heine explains. #heat

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China BRI is more along about the philosophy of — If you build it, they will come.
PS — As long as these infrastructure projects are sized appropriately to regional growth and reasonable repayment terms, there is nothing inherently wrong with this approach. Agree that South America has been underfunding their infrastructure for many years.

williamlloyd