India counters China’s Belt & Road Initiative
The Belt & Road Initiative (BRI), also known as One Belt One Road (OBOR), is the global infrastructure brainchild of Chinese President Xi Jinping and is the centrepiece of his foreign policy. Under it, Beijing has invested about $843 billion in nearly 163 countries. However, as China faces increasing economic challenges at home and abroad, this initiative is declining significantly. Not only is China reducing pouring money into it, but