Current:Home > StocksLeaders from emerging economies are visiting China for the ‘Belt and Road’ forum -AssetLink
Leaders from emerging economies are visiting China for the ‘Belt and Road’ forum
View
Date:2025-04-12 13:50:37
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! (15)
Related
- Jury finds man guilty of sending 17-year-old son to rob and kill rapper PnB Rock
- 'My sweet little baby': Georgia toddler fatally shot while watching TV; police search for suspects
- National Association of Realtors to pay $418 million to settle real estate agent commission lawsuits
- Shades of Pemberley Bookstore in Alabama has a tailor-made book club for all ages
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- Newly discovered giant turtle fossil named after Stephen King character
- Denying same-sex marriage is unconstitutional, a Japanese high court says
- TikTok could draw a range of bidders, but deal would face major hurdles
- Small twin
- James Crumbley, father of Oxford High School shooter, found guilty of involuntary manslaughter
Ranking
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- Feds pick New England’s offshore wind development area, drawing cheers and questions alike
- Oprah Winfrey Addresses Why She Really Left WeightWatchers
- 'Absolutely wackadoodle': Mom wins $1.4 million after using kids' birthdates as lottery numbers
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Amazon’s Big Spring Sale Is Coming! Score Early Deals, like This $179 Facial Steamer for Just $29 & More
- Outdoor Voices closing its stores. Activewear retailer reportedly plans online move
- As Conflict Rages On, Israel and Gaza’s Environmental Fates May Be Intertwined
Recommendation
The Best Stocking Stuffers Under $25
Barbiecore? Cottagecore? What does 'core' mean in slang and why can't we stop using it
Alec Baldwin asks judge to dismiss involuntary manslaughter charge in Rust shooting
Missouri Senate passes sweeping education funding bill
Elon Musk’s Daughter Vivian Calls Him “Absolutely Pathetic” and a “Serial Adulterer”
Pioneer Woman Ree Drummond Denies Using Ozempic Amid Weight Loss Transformation
Cardinals land QB Desmond Ridder, send WR Rondale Moore to Falcons in trade, per reports
Saquon Barkley expresses regret over Giants exit as he begins new chapter with Eagles