ancing needs, sustainable development and debt sustainability, according to Finance Minister Liu Kun.
“We will build a high-standard and high-quality financing system to s
upport long-term and sustainable BRI investment while preventing debt risks,” Liu said.
He suggested promoting financing cooperation for projects in
third-party countries, equity investment and attracting more private funding.
Enhancing debt and risk management is a key consideration for deepening BRI financi
ng cooperation, said Yi Gang, governor of the People’s Bank of China, the central bank.
“The debt issue in developing countries should be treated objective
ly. If debt growth is accompanied by infrastructure improvement, enhancement of people’s liveliho
ods and productivity and poverty reduction, it will be beneficial for the sustainability of long-term debt,” Yi said.
amaged by a pending indictment stemming from a corruption investigatio
n, it became increasingly clear that Trump would look to bolster one of his closest international partners.
Netanyahu in recent weeks had begun to renew his push for the US to recognize the Go
lan Heights as part of Israel. Earlier this month, he brought US ambassador to Israel David Friedman and
Sen. Lindsey Graham, R-South Carolina, to the Israeli-occupied territory, touting its strategic imp
ortance. Graham, a close ally of the President’s, promised Netanyahu he would personally lobby Trump to deliver.
The Israeli ambassador’s visit was a precursor to Trump’s announcement on Thursday, a sen
ior administration official told CNN. The Golan Heights recognition had been in the works for sev
eral weeks, the official said, and culminated in a series of meetings between the President and his senior staff this week.
US officials have offered no explanation as to w
hy Trump decided to take this step now, rather than wait until after Israel’s April 9 elections.