Category: Belt and Road
Two-Day China-Africa Innovation Conference Wraps Up in Wuhan
Representatives from nearly two dozen African countries participated in a two-day China-Africa Innovation Cooperation Conference that concluded on Monday in the central Chinese city of Wuhan. Some 15 joint technology and science initiatives were signed at the event. ...
Europe Unveils Its €300 Billion Alternative to China’s Belt and Road
European Commission President Ursula von der Leyen revealed the details of its highly anticipated Global Gateway infrastructure development initiative that aims to provide an alternative for developing countries to China's Belt and Road Initiative. In all, the EU aims to raise ...
Xi Wants to Reboot the Belt and Road Initiative to Become Greener and Less Financially Risky
Xi Jinping laid out what state media described as a "new vision" for the president's Belt and Road Initiative with a focus on more environmentally and economically sustainable projects. The President called for tighter control over BRI projects and for more ...
China Dismisses the White House’s B3W Plan
Chinese Foreign Ministry spokesman Wang Wenbin was asked to comment on Tuesday about the news that the U.S. plans to launch its Build Back Better World global infrastructure program in January. The B3W is ostensibly intended to rival China's Belt and Road Initiative.
U.S. Hints at January Launch For Build Back Better World Initiative That Aims to Challenge China’s Belt and Road
An unnamed senior U.S. official told reporters on Monday that the Biden administration is planning to announce the launch of its Build Back Better World (B3W) initiative as soon as January and that West Africa will be among the key priorities for what's ...
China Merchants Group Exporting Its Shekou Model of Port-industrial Development to Africa
As the final frontier for trade growth, Africa is the only region where exponential economic and cargo growth is still possible. The continent is home to some of the world’s fastest-growing economies. However, many existing African ports do not have the capacity to accommodate a growing demand ...
In Glasgow, Biden Positioned His Global Infrastructure Plan Against China’s Without Actually Saying “China”
U.S. President Joe Biden addressed the COP26 meeting in Glasgow, Scotland on Tuesday. He used some of his time to restate the broad principles guiding his Build Back Better World (B3W) initiative that is ostensibly intended to build infrastructure in developing countries but is also ...
Chinese Ambassador to Kenya Wants to Integrate the Port of Mombasa Into Overland Trade Routes in Asia
China's ambassador to Kenya, Zhou Pingjian, met on Friday with leaders from the Kenya Port Authority (KPA) to discuss further integration of the Port of Mombasa with the Belt and Road, specifically linking the port to the Gwadar Port in Pakistan that is at the center of ...
Jake Sullivan: B3W Will Show How Americans Can Outcompete China on Infrastructure
U.S. National Security Advisor Jake Sullivan (photo) reiterated what's has become a common talking point in Washington: that the administration's Build Back Better World (B3W) initiative is going to challenge China's Belt and Road Initiative head-on. Sullivan ...
If the U.S. is Going to Compete Against China’s BRI, Then It’s Going to Have to Mobilize the Private Sector… And That Won’t Be Easy
If the proposed B3W has any chance of rivaling China's eight-year-old Belt and Road Initiative, the U.S. government is going to have to persuade development finance institutions, private companies, and Wall Street that building infrastructure in some of the world's highest risk countries is a good investment. ...
It Looks Like the U.S. and Europe Are Now More Worried About China’s Growing Influence in LatAm Than Africa
The Daily Mail's sensationalist headline today ("China's take-over in America's back yard") speaks to the mounting concern in U.S. and European capitals about China's growing presence in Latin America and the Caribbean. This latest wave of anxiety, ...
Belt and Road Energy Conference Opens in Qingdao, Ethiopia’s Ambassador to China Among First Day Speakers
Representatives from 32 countries attended the opening day of the Belt and Road Energy Partnership conference in the northern port city of Qingdao on Monday. Ethiopia's ambassador to China Teshome Toga (photo) was among the first day's speakers along with Vice-Premier Han Zheng. ...