China is struggling to ease worries about President Xi Jinping's signature plan to build a new Silk Road as it readies for a major summit in late ...
BEIJING/BRUSSELS: China is struggling to ease worries about President Xi Jinping's signature plan to build a new Silk Road as it readies for a major summit in late April, especially among Western nations wary about debt, transparency and Chinese influence.
"The Belt and Road is open, inclusive and transparent. It does not play little geopolitical games," Yang, who runs the ruling Communist Party's foreign affairs committee, told the official People's Daily.The United States, locked in a bitter trade war with China, has been a particular critic of the Belt and Road, calling it an"infrastructure vanity project" when Italy signed on.
Lower-level staffers, possibly from the US embassy in Beijing, might go to the summit to observe and take notes, sources familiar with the matter said, though a final decision has yet to be made.It has not disclosed a full list of the leaders planning to attend the event. But some of Beijing's closest friends have confirmed they will go, including Russian President Vladimir Putin and Pakistan Prime Minister Imran Khan.
"For China it is a question of power projection. China is corrupting what should be a level playing field by offering loans that send country debts soaring and create a culture of economic dependency on Beijing," one EU official said.
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