World News | Leaders from Emerging Economies Are Visiting China for the ''Belt and Road'' Forum

Get latest articles and stories on World at LatestLY. A stream of leaders of emerging market countries are arriving in Beijing for a meeting organised by the Chinese government that will mark the 10th anniversary of its Belt and Road Initiative.

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Beijing, Oct 16 (AP) A stream of leaders of emerging market countries are arriving in Beijing for a meeting organised by the Chinese government that will mark the 10th anniversary of its Belt and Road Initiative.

Ethiopian Prime Minister Abiy Ahmed landed in Beijing on Monday, following Chilean President Gabriel Boric and Hungarian Prime Minister Viktor Orban on Sunday night.

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Under the initiative, a signature policy of Chinese leader Xi Jinping, Chinese companies have built ports, roads, railways, power plants 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.

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Others leaders from Africa, Southeast Asia, Central Asia and the Mideast will attend the Belt and Road Forum, whose main day is on Wednesday. Russian President Vladimir Putin is expected to attend, as are representatives of the Taliban government in Afghanistan. (AP)

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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