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India, unlike 150 countries and 32 international organizations, stayed out of Chinese President Xi Jinping’s ambitious Belt and Road Initiative (BRI). A decade after China launched the BRI project, India’s decision to protect its core interests and have the courage to stand alone has turned out to be right. Countries, including many from the west, are now following the lead of the Modi government. China has invested nearly a trillion dollars in the initiative to leverage its clout with 150 countries, but data shows a dire situation in low-income nations. Chinese global projects to finance road-rail-port-land infrastructure have been a major source of debt for the participating countries, with Pakistan leading the pack.
