‘Belt and Road Initiative’ is sometimes mentioned in the news in the context of the affairs of:
✓ Correct answer: d) China
ExplanationThe Belt and Road Initiative (BRI) is a China-led global infrastructure and investment project aimed at en- hancing trade and connectivity across Asia, Europe, and Af- rica.It consists of the Silk Road Economic Belt (land routes) and the Maritime Silk Road (sea routes), involving railways, roads, ports, power plants, and telecom infrastructure.BRI projects are financed by Chinese state-owned banks, the Asian Infrastructure Investment Bank (AIIB), and the Silk Road Fund.However, concerns about debt sustainability and financial transparency persist.Supporters highlight economic growth, trade facilitation, and regional integration, while critics warn of debt traps, environ- mental risks, and China’s geopolitical influence.67
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