カテゴリー: Belt and road initiative
Local business owners in Nairobi said the rapid expansion of China Square had created an uneven playing fieldOn a cool Friday morning in an expansive mall in Nairobi, dozens of people thronged outside a retail store covered in colourful banners, balloo…
News comes after US secretary of state visited Panama to pressure the country over its ties with BeijingUS secretary of state Marco Rubio has welcomed Panama’s decision to let its participation in China’s global infrastructure plan expire, calling the …
The small port city of Gwadar has a huge new airport funded by China, but local suspicion of Beijing’s true intentions threatens to wreck the projectAs the first flight touched down on the fresh tarmac at Gwadar, it was hailed by Pakistan’s government …
Warm welcome for Chinese president contrasts with rest of EU, with up to 18 cooperation agreements expected Hungary has rolled out the red carpet for Xi Jinping in a show of warmth that contrasts with wariness in the rest of the EU about China’s stanc…
Five Chinese nationals and their Pakistani driver killed while en route from Islamabad to dam construction siteSix people have been killed after a suicide bomber rammed a vehicle into a convoy of Chinese engineers working on a dam project in north-west…
Instead of acting as a responsible superpower, China is putting millions of lives at risk in the region and beyondMilitary coups and dictatorships rarely come to any good. But has any army takeover in recent times led to more utterly disastrous consequ…
Decision of only G7 nation to join project reportedly communicated to Beijing three days agoItaly has formally notified China of its withdrawal from Beijing’s ambitious belt and road infrastructure initiative (BRI), a significant trade and infrastructu…
Country, estimated to be owed up to $1.5trn, is increasing penalties for late payments and cutting back on infrastructure projects China has become the world’s biggest debt collector, as the money it is owed from developing countries has surged to betw…
Development drive’s forum will focus on poorer countries as Xi’s relations with the west become increasingly frosty World leaders are gathering in Beijing for China’s belt and road initiative (BRI) forum, the third such event since the trademark global…
In the face of increasingly strained relations with the west, Beijing is attempting to build its influence in the global southRead the rest of the Peak China? series hereIt was a difficult summer for China’s leader, Xi Jinping. He was faced with natura…
US says it is disappointed prime minister Manasseh Sogavare will not attend Monday’s summit, amid race for influence with ChinaThe White House has said it is disappointed the Solomon Islands prime minister, Manasseh Sogavare, will not attend a Pacific …
Talks include Europe and UAE as Joe Biden flies to Delhi with aim of rivalling China’s Belt and RoadThe US, Saudi Arabia, India and other nations are discussing a possible infrastructure deal that could reconfigure trade between the Gulf and south Asia…
Rise in emergency financing for other countries since 2016 correlates with drop in infrastructure lendingChina spent $240bn (£195bn) bailing out countries struggling under their belt and road initiative debts between 2008 and 2021, new data shows.Resea…
As economic turmoil continues, Shehbaz Sharif accuses predecessor of leaving the country in ruins Pakistan’s prime minister, Shehbaz Sharif, has accused the former premier Imran Khan of being the “the biggest liar on the face of the earth” and injectin…
Funding still needs to be approved but could offer breathing space amid country’s economic turmoilThe International Monetary Fund has tentatively offered Sri Lanka a $2.9bn (£2.5bn) loan to help the country recover from the worst economic crisis since …