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◈ ExplanationAdvancedInternational Economics › Trade & Global Economy

Belt and Road Initiative — The $1 Trillion Number, the $8 Trillion Number, and Why Both Are Wrong

Estimates of the Belt and Road Initiative's total cost range from $1 trillion to $8 trillion — a gap too large to be a rounding error. Each number is real, but each measures something different. Understanding why the estimates diverge is the key to understanding what the BRI actually is and what it has actually built.

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