Current:Home > StocksLeaders from emerging economies are visiting China for the ‘Belt and Road’ forum -FundTrack
Leaders from emerging economies are visiting China for the ‘Belt and Road’ forum
View
Date:2025-04-18 15:55:05
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! (33)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Judge blocks Ohio from enforcing laws restricting medication abortions
- Travis Kelce's Reps Respond to Alleged Taylor Swift Breakup Plan
- Bigger and Less Expensive: A Snapshot of U.S. Rooftop Solar Power and How It’s Changed
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Broadway 2024: See which Hollywood stars and new productions will hit New York
- College football's cash grab: Coaches, players, schools, conference all are getting paid.
- Grandmother charged with homicide, abuse of corpse in 3-year-old granddaughter’s death
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- A utility investigated but didn’t find a gas leak before a fatal Maryland house explosion
Ranking
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Blue Jackets players, GM try to make sense of tragedy after deaths of Johnny and Matthew Gaudreau
- Regulators call for investigation of Shein, Temu, citing reports of 'deadly baby products'
- Missing man found decomposed in closet at Florida nursing home, family alleges: Reports
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Mississippi House panel starts study that could lead to tax cuts
- First and 10: How FSU became FIU, Travis Hunter's NFL future and a Big Red moment
- Keith Urban Describes Miley Cyrus' Voice as an Ashtray—But In a Good Way
Recommendation
Meta donates $1 million to Trump’s inauguration fund
'King of the neighborhood:' Watch as massive alligator crosses road in North Carolina town
WNBA playoffs: Angel Reese, Chicago Sky fighting for final postseason spot
Report: Mountain Valley Pipeline test failure due to manufacturer defect, not corrosion
Nearly half of US teens are online ‘constantly,’ Pew report finds
An appeals court upholds a ruling that an online archive’s book sharing violated copyright law
Jimmy McCain, a son of the late Arizona senator, registers as a Democrat and backs Harris
Love Is Blind's Shaina Hurley Shares She Was Diagnosed With Cancer While Pregnant