China’s Belt and Road needs to be transparent, fiscally sustainable: Xi

Written by Edrian Acla on April 26, 2019

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BEIJING, China (AFP) — China’s Belt and Road projects need to be transparent and fiscally sustainable, Chinese President Xi Jinping said Friday in 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”.

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