75% of China’s over $1.1 trillion loans to low- and middle-income countries will have entered their repayment period by 2030. How will this debt be dealt with? The goals of the Belt and Road Initiative (BRI) have evolved since its inception in 2013 and so have environmental protection standards and public opinion relating to BRI projects. How has the BRI navigated through existing and impending issues? How does China address scrutiny over the BRI’s environmental and social protections, debt repayment setbacks, and other challenges?
In an interview recorded on July 8, 2024, Ammar A. Malik, senior research scientist at AidData, joins the National Committee to review the evolution of the Belt and Road Initiative’s goals and the future of the BRI.
Ammar A. Malik
Dr. Ammar A. Malik is Senior Research Scientist at AidData, where he leads the Chinese Development Finance Program. His team develops pioneering methods, such as the Tracking Underreported Financial Flows (TUFF) methodology, to track and analyze underreported financial flows from non-traditional donors to developing countries.