Current:Home > FinanceLeaders from emerging economies are visiting China for the ‘Belt and Road’ forum -Wealth Legacy Solutions
Leaders from emerging economies are visiting China for the ‘Belt and Road’ forum
Ethermac Exchange View
Date:2025-03-11 08:20:20
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! (3)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- NFL power rankings: Which teams are up, down after 2024 draft?
- West Virginia GOP County Commissioners removed from office after arrest for skipping meetings
- The 10 Best e.l.f. Products That Work as Well (or Better) Than The High-End Stuff
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- TikToker Nara Smith’s New Cooking Video Is Her Most Controversial Yet
- Swarm of bees delays Dodgers-Diamondbacks game for 2 hours in Arizona
- A new Statehouse and related projects will cost about $400 million
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Alex Hall Speaks Out on Cheating Allegations After Tyler Stanaland and Brittany Snow Divorce
Ranking
- 'Most Whopper
- United Methodists overwhelmingly vote to repeal longstanding ban on LGBTQ clergy
- Medicaid expansion discussions could fall apart in Republican-led Mississippi
- Dan Schneider Sues Quiet on Set Producers for Allegedly Portraying Him as Child Sexual Abuser
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Arkansas lawmakers approve new restrictions on cryptocurrency mines after backlash over ’23 law
- OSHA probe finds home care agency failed to protect nurse killed in Connecticut
- Rare white killer whale nicknamed Frosty spotted off California coast
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Body found in duffel bag in Philadelphia identified as 4-year-old reported missing in December: Reports
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Juju
Medicaid expansion discussions could fall apart in Republican-led Mississippi
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Score a Hole in One for Style With These Golfcore Pieces From Lululemon, Athleta, Nike, Amazon & More
Why Zendaya's Met Gala 2024 Dress Hasn't Been Made Yet
Historic Agreement with the Federal Government and Arizona Gives Colorado River Indian Tribes Control Over Use of Their Water off Tribal Land