Listen "Where next for China’s Belt and Road?"
Episode Synopsis
Xi Jinping announced a massive building project along the ‘New Silk Road’ to very little fanfare in Kazakhstan 10 years ago this month. Infrastructure including railways, roads and ports have been built in 165 countries to date, as part of the Belt and Road Initiative (BRI). Billions of dollars has been lent to countries in Africa, Asia, Europe and South America. Some are now struggling to afford the payments and China is reducing the amount being loaned. We look at what this means for Beijing’s finances and for countries with huge projects underway, but with no means of meeting the repayments. Presenter: Ed Butler
Producer: Hannah Bewley
Additional reporting: Michael Kaloki(Picture: Xi Jinping waits for a photo call at the China-Central Asia Summit in Xian, China in May 2023: Credit: Florence Lo/Reuters)
Producer: Hannah Bewley
Additional reporting: Michael Kaloki(Picture: Xi Jinping waits for a photo call at the China-Central Asia Summit in Xian, China in May 2023: Credit: Florence Lo/Reuters)
More episodes of the podcast Business Daily
What's it like being a delivery rider?
31/12/2025
Business Daily meets: Ned Guinness
26/12/2025
Yiwu: Christmas city
24/12/2025
The art of the Christmas advert
23/12/2025
How Christmas spending is changing
22/12/2025
The rise of the 'ghost job'
18/12/2025
How Peru's Chancay Port is changing trade
17/12/2025
Is tech good news for truckers?
16/12/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.