China's Belt and Road initiative on brink of crisis as numerous projects fail

Islamabad [Pakistan], August 10 (ANI): China-promoted Belt and Road initiative (BRI) is currently at a crucial point due to mismanagement as several key projects under its umbrella have either failed to take off or produced mixed to poor results.

As a result of this, China's quest to acquire global dominance has taken a severe hit.

The BRI, which was announced as the "Silk Road" in a speech by Chinese President Xi Jinping