International Development Finance Corporation

US using OPIC to counter China’s BRI

The Overseas Private Investment Corporation (OPIC) is set for a revamp, and it is squarely aimed at countering China’s growing geopolitical influence. While the United States (US) government’s development finance institution seems like America’s answer to China’s Belt and Road Initiative (BRI), as they both serve to improve socio-economic development, there are several key differences. 

14 April 2019
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