China's Belt and Road projects need to be transparent and fiscally sustainable, Chinese Premier Xi Jinping said on Friday, 26 April in an apparent acknowledgement of growing concerns about debt linked to his global infrastructure initiative.
There will also be “zero tolerance” for corruption, Xi said at a Belt and Road summit, adding that the initiative “is not an exclusive club”.
ADVERTISEMENTREMOVE AD
(Published in an arrangement with PTI)
(This is a developing story. More details awaited.)