"Chinese infrastructure projects under its One Belt One Road (OBOR) initiatives in Central Asia, Pakistan and Myanmar are projected to lose money due to underutilisation and could potentially cause more harm than good, a prominent US think-tank said in a report on Thursday. In its latest report on China, the Centre for Strategic and International Studies (CSIS) said India has expressed significant hesitation toward the Belt and Road Initiative (BRI) of China. Leaders in New Delhi opted out of both the 2017 and 2019 Belt and Road Forums. In addition to being generally skeptical of the BRI, one specific major concern is building of the China Pakistan Economic Corridor (CPEC) through Kashmir, it said. Economic considerations further complicate these concerns, the CSIS said in its report. "BRI infrastructure projects in Central Asia, Pakistan and Myanmar are projected to lose money due to underutilisation and could potentially cause more harm than good, it said. For instance, the Kara-Balta oil refinery -- Kyrgyzstan's largest Chinese investment -- has faced significant problems with overcapacity in the recent years..."