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China Not Creating A Club Through BRI Projects, Says Xi Jinping
Xi Jingping (Andy Wong - WPA Pool/Getty Images)
Chinese President Xi Jinping called for a balanced trade push with partner countries amid mounting criticism over Chinese infrastructure projects being pursued as part of the signature Belt and Road Initiative (BRI).
At a seminar commemorating five years of the BRI, the Chinese President stated that “the Belt and Road Initiative is an economic cooperation initiative, not a geopolitical or military alliance” and further added that “ it is an open and inclusive process, and not about creating exclusive circles or a China club”.
It remains to be seen however whether the Chinese reassurances on the nature of BRI projects would assuage the concerns of the countries hosting these projects and incentivize more nations to sign up to this signature Chinese initiative.
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