to boost foreign investments in the country as its own economic engine slows. for clues on what we can expect. mattie bekink of the economist intelligence unit spoke to us. i think one of the reasons that this meeting and the stream of executives and world leaders turning to china in the last few months since the very surprisingly exit from the zero covid and the reopening is because there has been a perception gap that has only widened in the three years that china was close. but i mean by thatis china was close. but i mean by that is the perception of china from outside even those who have businesses here and for whom china is a very important market and the lived reality on the ground. that is true anywhere in the world but i think some of the geopolitical tensions and confusion during the pandemic. particularly contributed to this perception 93p- contributed to this perception gap. so what they will find is, one, but they will discover is a chance to revisit their own tea
Half the globe s total wealth. Now a bri project could be a railway in kenya, he could be a port in sri lanka, a bridge in the maldives, the largest project so far has been the china Pakistan Economy corridor. It goes through kunz or rob, which is a Desert Mountain pass on the china pakistan border. The second thing you need to know is that it has two official names, one for inside china and one for outside china. Now initially was called one belt, one road four which sounds great in chinese, a grand plan led by china. The problem is in english, that sounds bossy, like china is dictating to the rest of the world. So if you years ago, the name was changed to the slightly blender but less threatening bell and road initiative. The third thing is that its controversial for some, china has ploughed more than 1 trillion. Their airports and roads that would not exist were it not for chinese investment. But ultimately nothing comes for free. It is in a so called debt trap, where the recipient
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