CNBC – China expands global ambitions with a new phase of Xi’s signature program

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    “’I think it is fair to say that the introductory phase of Belt and Road is over,’ Jacob Shapiro, director of analysis at online publication Geopolitical Futures, said in an email. ‘A number of countries have signed on, money has been distributed, some projects have been completed and many other projects either failed or didn’t get off the ground,’ he said.”

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