Current:Home > ContactLeaders from emerging economies are visiting China for the ‘Belt and Road’ forum -MoneyFlow Academy
Leaders from emerging economies are visiting China for the ‘Belt and Road’ forum
View
Date:2025-04-20 19:55:32
BEIJING (AP) — Leaders of emerging market countries are arriving in Beijing for a meeting organized by the Chinese government that will mark the 10th anniversary of its Belt and Road Initiative.
More than a dozen leaders from Africa, Asia and the Mideast were flying into Beijing on Monday, following the arrivals of Chilean President Gabriel Boric and Hungarian Prime Minister Viktor Orbán on Sunday. Others are coming on Tuesday.
Under the Belt and Road initiative, a signature policy of Xi, Chinese companies have built ports, roads, railways, power plants and other infrastructure around the world in a bid to boost trade and economic growth.
But the massive Chinese development loans that funded the projects have also burdened some poorer countries with heavy debts.
A flurry of diplomacy is expected on the sidelines of the third Belt and Road Forum, whose main events are on Wednesday. Orbán met Sunday with Chinese leader Xi Jinping and Premier Li Qiang, Hungary’s state news agency MTI said. The forums also were held in 2017 and 2019.
Russian President Vladimir Putin is expected to attend the forum, as are representatives of the Taliban government in Afghanistan.
The leaders who arrived on Monday included Ethiopian Prime Minister Abiy Ahmed, Sri Lankan President Ranil Wickremesinghe, Republic of Congo President Denis Sassou Nguesso, Papua New Guinean Prime Minister James Marape and Cambodian Prime Minister Hun Manet.
veryGood! (41886)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- The New US Climate Law Will Reduce Carbon Emissions and Make Electricity Less Expensive, Economists Say
- Inside Clean Energy: Vote Solar’s Leader Is Stepping Down. Here’s What He and His Group Built
- Plan to Save North Dakota Coal Plant Faces Intense Backlash from Minnesotans Who Would Help Pay for It
- DoorDash steps up driver ID checks after traffic safety complaints
- Why K-pop's future is in crisis, according to its chief guardian
- Dog that walks on hind legs after accident inspires audiences
- Rural Pennsylvanians Set to Vote for GOP Candidates Who Support the Natural Gas Industry
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Bill Gates on next-generation nuclear power technology
Ranking
- Louvre will undergo expansion and restoration project, Macron says
- Gen Z is the most pro union generation alive. Will they organize to reflect that?
- Women are earning more money. But they're still picking up a heavier load at home
- As States Move to Electrify Their Fleets, Activists Demand Greater Environmental Justice Focus
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Montana becomes 1st state to approve a full ban of TikTok
- Lime Crime Temporary Hair Dye & Makeup Can Make It Your Hottest Summer Yet
- 45 Lululemon Finds I Predict Will Sell Out 4th of July Weekend: Don’t Miss These Buys Starting at $9
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
A big misconception about debt — and how to tackle it
California Regulators Banned Fracking Wastewater for Irrigation, but Allow Wastewater From Oil Drilling. Scientists Say There’s Little Difference
How one small change in Japan could sway U.S. markets
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Prince Harry and Meghan Markle Officially Move Out of Frogmore Cottage
Dylan Mulvaney Calls Out Bud Light’s Lack of Support Amid Ongoing “Bullying and Transphobia”
Security guard killed in Portland hospital shooting
Like
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- An indicator that often points to recession could be giving a false signal this time
- Warming Trends: The Climate Atlas of Canada Maps ‘the Harshities of Life,’ Plus Christians Embracing Climate Change and a New Podcast Called ‘Hot Farm’