Emerging Markets and Economic Growth Around the World
Student Worksheet
China's Belt and Road program, the BRI, has financed more than $1 trillion in projects, from Pakistani highways to Kenyan rail lines, but it also left some borrowers exposed. Sri Lanka ceded control of its Hambantota Port in 2017 after it could not keep up loan payments, and Malaysia renegotiated its East Coast Rail Link in 2018, pushing completion to 2026 for better financing terms.
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