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China#39;s Xi Jinping promises more market openness and new investments for Belt and Road projects

The initiative has built power plants, roads, railroads and ports around the world and deepened China#39;s relations with Africa, Asia, Latin America and the Mideast. But the massive loans that funded the projects have burdened poorer countries with heavy debts, in some cases leading to China taking control of those assets.

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​ The initiative has built power plants, roads, railroads and ports around the world and deepened China#39;s relations with Africa, Asia, Latin America and the Mideast. But the massive loans that funded the projects have burdened poorer countries with heavy debts, in some cases leading to China taking control of those assets. The initiative has built power plants, roads, railroads and ports around the world and deepened China#39;s relations with Africa, Asia, Latin America and the Mideast. But the massive loans that funded the projects have burdened poorer countries with heavy debts, in some cases leading to China taking control of those assets.  Moneycontrol Latest News Read More  

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