The Belt and Road Initiative (BRI) is a massive global investment strategy launched by the CCP in 2013 aimed at bolstering its economic and political influence across [[Asia]], [[Europe]], [[Africa]], and [[South America]]. The project involves investments in infrastructure and natural resource projects in countries. Chinese officials are quite open that the BRI is aimed at creating a Eurasia wide Chinese led bloc to counter the United States. It has been criticized by the U.S. and other countries as an example of “debt trap” diplomacy, that saddles developing countries with unsustainable debt burdens while allowing the regime to expand governance abroad. | The Belt and Road Initiative (BRI) is a massive global investment strategy launched by the CCP in 2013 aimed at bolstering its economic and political influence across [[Asia]], [[Europe]], [[Africa]], and [[South America]]. The project involves investments in infrastructure and natural resource projects in countries. Chinese officials are quite open that the BRI is aimed at creating a Eurasia wide Chinese led bloc to counter the United States. It has been criticized by the U.S. and other countries as an example of “debt trap” diplomacy, that saddles developing countries with unsustainable debt burdens while allowing the regime to expand governance abroad. |