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Xi Wants to Reboot the Belt and Road Initiative to Become Greener and Less Financially Risky

Chinese President Xi Jinping speaking at a Belt and Road conference in Beijing on November 19, 2022. Image via Xinhua.

Xi Jinping laid out what state media described as a “new vision” for the president’s Belt and Road Initiative with a focus on more environmentally and economically sustainable projects.

The President called for tighter control over BRI projects and for more emphasis on “high standard” projects (Chinese official-speak for higher quality projects) as well as for more investment in digital initiatives in developing countries.

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