The Belt and Road Initiative is a massive infrastructure project that aims to connect China with the rest of the world through a network of ports, highways, railways, and other infrastructure projects.
The report suggests that China is providing bailouts to its Belt and Road partners to help them manage their debt, which has become a major issue for many countries involved in the initiative. The article notes that the increase in bailouts is a sign that some of the Belt and Road projects are struggling financially.
The article also notes that the COVID-19 pandemic has further complicated the financial situation for many of the countries involved in the Belt and Road Initiative. Many of these countries have seen their economies hit hard by the pandemic, and this has made it even more difficult for them to manage their debt.
The report suggests that the increasing bailouts from China could be a sign that the country is seeking to deepen its economic influence in the countries involved in the Belt and Road Initiative. However, some experts have raised concerns about the long-term sustainability of the initiative, and whether or not it will be able to deliver the economic benefits that China has promised.