Why China is Rebooting the Belt and Road Initiative

World leaders gathered in China last week for the third forum on the Belt and Road Initiative (BRI), Xi Jinping’s massive, trillion-dollar physical and digital connectivity project. As the BRI turns 10 this year, Beijing is looking to reboot Xi’s signature foreign policy program amid criticism of the debt load it often burdens partner countries with and other environmental and human concerns. In light of these criticisms, China emphasized last week that the future of the BRI is “smaller” and “greener” projects.

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