China has capitalized on this gap via bri. China’s belt and road initiative (bri) could speed up economic development and reduce poverty for dozens of developing countries—but it must be accompanied by deep policy reforms to. Explore world bank group data and analysis on global development topics like poverty reduction, education, health, economic growth, and more.
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Later, it came to be known as belt and road initiative (bri) aim of bri:
B3w aims to address the infrastructure investment deficit in developing and lower income countries.
With the right reforms undertaken by the lao government, the. Belt and road initiative (bri) infrastructure projects are expected to cut trade costs and enhance foreign investment in central asia and south caucasus countries. A key issue for countries.