Italy has announced its formal withdrawal from the Belt and Road Initiative after joining the China-centered infrastructure and investment project in 2019.
The timing of the announcement that Rome won’t renew its BRI commitment is notable. It came only a day before the EU-China summit, which kicks off on Thursday. The summit will likely be more contentious than usual, with European leaders expected to push China on the treatment of EU firms amid discussions ...
Day: November 7, 2023
Awkward Timing as Italy Withdraws from BRI
Italy has announced its formal withdrawal from the Belt and Road Initiative after joining the China-centered infrastructure and investment project in 2019. The timing of the announcement that Rome won't renew its BRI commitment is notable. It came only a day before the ...
New Report Tracks Major Developments in Chinese Lending
China’s Belt and Road Initiative is evolving rapidly to take on debt, reputational, and ESG challenges that affected its first decade. This is one of the findings of a landmark report from AidData, a research institute at the College of William and ...
Thaw Between China and Australia Could Have Big Implications for Global South
China and Australia have “no fundamental conflicts of interest.” This was the line from Chinese President Xi Jinping during his meeting with his Australian counterpart Anthony Albanese in Beijing on Monday. The visit, the first by an Australian prime minister since 2016,
Three Pacific Islands Leaders to Skip Annual Bloc Summit Amid China-U.S. Rivalry
The leaders of Papua New Guinea, Vanuatu and Solomon Islands will not attend this week's annual Pacific Islands Forum, hampering the consensus-based group’s efforts to project unity as China and the United States jockey for influence in the region. The three ...
Chinese Aircraft Carrier Sails Into South China Sea After Nine Days of Drills in Pacific
The Chinese aircraft carrier Shandong and other warships sailed through the waters between the Philippines and Taiwan and into the South China Sea after conducting landing drills in the Pacific Ocean. Japan’s defense ministry said the Shandong conducted around 570 landing exercises ...
Democratic Republic of Congo Unveils Chinese-Built Data Center
DRC Prime Minister Sama Lukonde on Friday cut the ribbon on a new data center financed by China and built by Huawei. The minister said the center will improve data management and national financial performance. Huawei announced in March that it will ...
Split Between Rich and Middle-Income Countries’ Opinions About China: Poll
A new Pew Research poll of 24 high and middle-income countries shows that while the U.S. has generally improved in popularity compared to China, views about the two are quite different among rich versus middle-income countries. The poll provides an interesting ...
Chinese Infrastructure Projects in Africa Don’t Meet ESG Standards
Two years ago, China introduced a series of new so-called "green guidelines" that it hoped would promote more sustainable development abroad. But in Africa, according to a new research report, it appears those higher environmental, social, and ...