14 May '17, 7am

#India skips China's #OneBeltOneRoad summit, warns of 'unsustainable' debt

NEW DELHI (Reuters) - India has not sent an official delegation to attend the "Belt and Road Forum" in Beijing and instead criticised China's global initiative, warning of an"unsustainable debt burden" for countries involved. Chinese President Xi Jinping is hosting dozens of world leaders and senior officials on Sunday for the country's biggest diplomatic showcase of the year, touting his vision of a new"Silk Road" that opens trade routes across the globe. Government officials from New Delhi did not travel, Indian officials said, although scholars from Indian think-tanks have flown to Beijing to attend some of the meetings at the forum. Indian foreign ministry spokesman Gopal Baglay, asked whether New Delhi was participating in the summit, said India could not accept a project that compromised its sovereignty. Get The Straits Times newsletters in your inbox Sign Up India i...

Full article: http://www.straitstimes.com/asia/south-asia/india-skips-c...

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