China to host Russian President Putin, Taliban at Belt and Road Conference

China and Russia advance ties deepening global divide on display in Belt and Road summit

China is hosting Russian President Vladimir Putin and the Taliban at the Belt and Road Initiative (BRI) conference in Beijing, aimed at strengthening China-Russia ties and showcasing China's global investments and infrastructure projects.
The BRI, marking its 10th anniversary, has been criticized for being a 'debt trap', as many countries are struggling with BRI-associated debt. Critics also accuse China of taking over key assets of borrowing countries under pressure of repayment.
Despite criticism, China cites major economic benefits resulting from the BRI, such as enhanced access to resources like oil, gas, minerals and steady diversification of export markets, especially in Africa, South America and the Middle East.
Putin's visit to China signals Russia's alignment with China against growing tensions with the West. Despite the divisive impact of Russia's ongoing war in Ukraine, Putin is shown significant prominence at the BRI forum.
President Xi Jinping also outlined significant commitments from China to Nigeria and Egypt. Nigeria received Chinese funding for power generation, digital economy, vehicle assembly and industrial park development. Meanwhile, China pledged to work with Egypt to bring stability to the Middle East.
China is facing major domestic challenges, including a slowing economy and high unemployment. However, it aims to project its international influence and leadership alternative to the U.S. through the BRI, building infrastructure worldwide and significantly expanding its reach.