China’s Belt and Road Initiative BRI: Advantages and Disadvantages
China is expanding its reach with its Belt and Road Initiative. This has been going on for a number of years.
Advantages
Where third world countries could not get financing for large infrastructure projects, China is willing to provide financing and building of these huge projects. These projects are of great benefit to the host country
- Host countries get financing for large infrastructure projects that they would not normally be able to afford
- China has projects that employ Chinese workers and use Chinese products such as steel and equipment. This keeps Chinese workers in China employed.
- projects get completed and are functional
Disadvantages