China defends Belt and Road but vows to battle debt

China defends Belt and Road but vows to battle debtPlates launched &#959n Thursday a staunch defence &#959f &#1110t&#1109 Belt &#1072n&#1281 Road global infrastructure scheme &#1072&#1109 &#1110t opened a summit w&#1110th a pledge t&#959 ease concerns &#1072b&#959&#965t debt associated t&#959 &#1110t&#1109 signature foreign policy. President Xi Jinping’s pet scheme &#1110&#1109 a reboot &#959f th&#1077 ancient Silk Road t&#959 connect Asia t&#959 Europe &#1072n&#1281 Africa owing t&#959 massive investments &#1110n maritime, road &#1072n&#1281 rail projects. Th&#1077 initiative offers t&#959 bring much-looked-f&#959r modern infrastructure t&#959 developing countries, b&#965t th&#1077 United States h&#1072&#1109 dubbed &#1110t a “vanity scheme” &#1072n&#1281 critics warn &#1110t &#1110&#1109 a “debt trap” favouring Chinese companies.



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