China's Belt and Road Initiative did not......>

CHINA: China's Belt and Road Initiative did not lead any country that had joined

into a debt trap and many that took part have developed rapidly, Xiao Weiming,

an official at the Office of the Leading Group on Promoting the Implementation

of "Belt and Road" Initiatives, said in a briefing on Monday. Poorer countries

still have the right to develop by adding leverage, Song Lihong, an inspector at

the General Department of the Ministry of Commerce, said in the same briefing.

Developed countries and emerging powers like China must help them obtain

financing, while borrowers should restrain spending and focus on

industrialization through infrastructure construction and industrial investment,

Song said.