In an address to the annual Belt and Road Forum for International Cooperation in Beijing on Friday Chinese President Xi Jinping said, “we need to maintain that all cooperation is conducted under the sun and work together to combat corruption with zero tolerance”.
“We need to pursue high-standard cooperation,” he said . “We will adopt widely-accepted rules and standards, and encourage participating companies to follow general international rules and standards in product development, operations procurement, tendering and bidding.” Xi unveiled the plan to rebuild ancient trading routes across Eurasia in 2013, calling it the “project of the century.” China’s government has since poured billions into investments from Africa to the South Pacific. The president champions it as a means to spur development, goodwill and economic integration.At least seven countries that have agreed to Belt and Road projects have suspended, scaled back or terminated them, or experienced backlash for their involvement in the program.
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