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The article by Bradsher details many of the issues surrounding China's Belt and Road Initiative (BRI). Given mounting debt resulting from the BRI, China has
The article by Bradsher details many of the issues surrounding China's Belt and Road Initiative (BRI). Given mounting debt resulting from the BRI, China has recently announced a new financial framework, the Global Development Initiative. The purpose of this initiative is Group of answer choices to attract investment from other countries to complement China's development efforts to finance smaller sustainable development projects to directly challenge the World Bank with an international institution of its own move beyond the limited regional scope of the BRI and extend development financing globally
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