Yvette Babb, a portfolio manager on William Blair Investment Management’s emerging markets debt team, offered her perspective on how the Chinese “Belt and Road initiative,” an ambitious strategy of investment in infrastructure projects around  the globe, will impact debt vehicles in both China and other emerging markets with Barron’s.

In the article, Babb highlights Zambia as the “poster child” for the Chinese restructuring of investment debt, which will impact future projects and financing structures.