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MYERS LEERY OF CHINA INVOLVEMENT IN MEGA PROJECTS

Chartered accountant Frank Myers says that while government must embark on some unconventional approaches to development such as the Desert Star Holdings project, the state must monitor the extent of Chinese involvement.

His concerns come amid ongoing global discourse on China’s current development strategy known as the ‘belt and road initiative”, as well as the geopolitical theory about the so-called “string of pearls” strategy by the rising power.

Critics of the initiative say it puts countries in danger of being unable to repay China.

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