Mint Explainer: Why the outcome of China's latest BRI Forum should please India
Live MintBeijing played host to the third Belt and Road Forum for International Cooperation on October 18. The meeting, which attracted leaders and officials from 23 countries in Asia, Africa, Eastern Europe and South America, took place in the wake of trouble for China President Xi Jinping’s flagship infrastructure initiative. It's a highly ambitious project aimed at building infrastructure and connectivity across Asia, Europe and Africa in an effort to reconstruct 21st century versions of a terrestrial and maritime silk road. The forum began in 2017 as a meeting of major leaders who had signed on to Beijing’s scheme, and was intended to showcase the achievements of the BRI. For India, declining attendance at the BRI Forum may be a sign that China’s flagship infrastructure initiative is faltering.