China’s Belt and Road Hits $1 Trillion as Economy Falters | Vantage with Palki Sharma

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China’s Belt and Road Hits $1 Trillion as Economy Falters | Vantage with Palki Sharma

China’s Belt and Road Initiative is making a dramatic comeback. In just six months, Beijing has signed 176 new deals worth $124 billion, pushing the initiative’s total value beyond $1 trillion. Kazakhstan, Thailand, and Egypt lead as top recipients, while investments in Pakistan’s CPEC have fallen sharply. But even as China pours money into roads, ports, and railways abroad, cracks at home are widening. Property sales have collapsed, youth unemployment is near 15 per cent, and deflation is squeezing growth. Critics say Beijing is prioritising Xi Jinping’s global ambitions over domestic challenges — leaving its citizens to struggle while it buys influence overseas.

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China | Belt and Road | Economy | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#china #firstpostbeltandroad #economy #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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