China Expands Globally Amid Concerns Over its Mercantilist Policies

May 25, 2017 02:00 AM
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China recently rolled out a global economic initiative known as One Belt, One Road, named after the ancient Silk Road. Chinese President Xi Jinping says the initiative is aimed at promoting international cooperation, but former U.S. officials and some business executives are concerned that China is not keeping its doors as open as it claims. Natalie Liu has more from Washington.