High-risk, high-cost mega-infrastructure projects like those backed by Belt and Road Initiative decline in popularity, with developments now seen in sectors with faster returns and fewer operating costs.
Sebastián Piñera, who has died in a helicopter crash aged 74, was a Chilean businessman who made a fortune introducing credit cards to his country in the 1980s and later served two terms as president, from 2010 to 2014, and from 2018 to 2022.