Belt and Road Initiative (BRI)

The Belt and Road Initiative (BRI), launched by China in 2013, is a global development strategy aimed at enhancing trade and boosting economic growth across Asia and beyond. It involves building infrastructure projects such as roads, railways, and ports, creating a network that connects China with countries in Europe, Asia, and Africa. Through investment and construction, the BRI seeks to improve transportation and trade routes, facilitating easier movement of goods and services. Critics argue it can lead to debt dependency for participating countries, while supporters see it as a path to economic collaboration and development.