TOKYO -- Mongolia expects to win big from China's Belt and Road Initiative, but it remains on guard over the dangers of too much borrowing, a high-ranking government official said at Nikkei's Future of Asia conference on Thursday.
Mongolia's geographic location, sandwiched between the large economies of China and Russia, presents an opportunity, said Gombojav Zandanshatar, chairman of the State Great Hural of Mongolia, the country's parliament.
