China says Silk Road not geopolitical tool, understands concerns

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China says Silk Road not geopolitical tool, understands concerns
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China's Belt and Road project is not a 'geopolitical tool' or a d...

BEIJING - China’s Belt and Road project is not a “geopolitical tool” or a debt crisis for participating nations, but Beijing welcomes constructive suggestions on how to address concerns over the initiative, the government’s top diplomat said on Friday.

The Belt and Road Initiative, as it is formally called, is a key initiative of President Xi Jinping, and envisions rebuilding the old Silk Road to connect China with Asia, Europe and beyond with massive infrastructure spending. Chinese State Councillor Wang Yi, the government’s top diplomat, told reporters that the Belt and Road scheme had brought real benefits to participating countries.“You can’t put hats like ‘debt crises’ onto the head of the Belt and Road, and this is not something any participating country would recognize,” Wang added.

Wang said there would be Americans at the summit, made up of diplomats, state-level officials, executives and academics, though he did not give details. China on Monday condemned as “slanderous” criticism U.S. Secretary of State Mike Pompeo made of Beijing’s policies in South America last week.

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