China Hosts International, Leaders at Latest , Belt and Road Summit.
'The Guardian' reports that world leaders
have gathered in Beijing to join China's
belt and road initiative (BRI) forum. .
'The Guardian' reports that world leaders
have gathered in Beijing to join China's
belt and road initiative (BRI) forum. .
The forum is the third of its kind since
the global development drive was initiated
by President Xi Jinping ten years ago.
The BRI was originally meant to serve as
a physical and digital infrastructure project
connecting China with the rest of the world.
The project later transformed into
a massive financing vehicle for Chinese
lenders to back projects across the world.
Of over 130 countries attending the two-day summit,
the most senior European Union representative is
expected to be Hungary's prime minister, Viktor Orbán. .
Of over 130 countries attending the two-day summit,
the most senior European Union representative is
expected to be Hungary's prime minister, Viktor Orbán. .
Also scheduled to attend the summit
is Russian president Vladimir Putin
and a representative of the Taliban.
Also scheduled to attend the summit
is Russian president Vladimir Putin
and a representative of the Taliban.
'The Guardian' reports that the summit emphasizes that
China and Russia's political priorities are aligned,
despite Beijing promoting a peaceful resolution in Ukraine.
'The Guardian' reports that the summit emphasizes that
China and Russia's political priorities are aligned,
despite Beijing promoting a peaceful resolution in Ukraine.
Since the BRI's inception in 2013, China's development
goals have been hampered by a trade war with the U.S.,
Russia's invasion of Ukraine and the COVID-19 pandemic.
Last year, China pushed its global development
initiative (GDI) at the UN general assembly, linking the
concept with the UN's sustainable development goals.
Last week, China published a white paper
stating that “the ultimate goal of the BRI is to
help build a global community of shared future.”.
According to the paper, rather than focusing solely on
economic development, the BRI will take on issues like
food security, infectious diseases and climate change