China Claps Back at Biden BRI Diss, Says U.S. Should “Do Something Real” for Africa

The Chinese Ministry of Foreign Affairs hit back against U.S. President Joe Biden's criticisms of the Belt and Road Initiative and the insinuation that Beijing is engaging in predatory lending practices in Africa. This latest spat began last week when Time ...

Brazil Expected to Join Belt & Road During VP’s China Tour This Week

Brazilian Vice President Geraldo Alckmin and Chief of Staff Rui Costa arrived in Beijing on Tuesday for a high-profile five-day China tour aimed at boosting economic ties between the two countries. The pair is accompanied by more than 200 Brazilian business ...

Cambodia to Begin Work on Controversial Chinese-Backed Canal in August: PM

Cambodia will start work on a controversial $1.7-billion canal linking the capital, Phnom Penh, to the sea in August, Prime Minister Hun Manet said Thursday. The Chinese-backed Funan Techo canal has sparked fears in neighboring Vietnam that it could be used ...

Chinese Exports Fall More Than Feared in March

Chinese exports plunged more than expected last month, official figures showed Friday, as the world's second-largest economy struggles to sustain its post-pandemic recovery. Shipments sank 7.5 percent on-year, while imports shrank 1.9%, the General Administration of Customs said. ...

Leaders from Recipient Countries Weigh In on BRI: Report

The future of China’s Belt and Road Initiative (BRI) is preoccupying China watchers around the world. However, the debate frequently leaves out the most important stakeholders: leaders from recipient countries. A new report from AidData polled leaders and senior officials from ...

China Uses Debt-Free Infrastructure Financing Model in Cambodia. It Ended up Being Popular

Cambodians are eagerly waiting for the country’s first waterway system, the Funan Techo Canal, to kick off construction scheduled late this year. Aside from the excitement for economic benefits that the canal promises, it has also brought more attention to the project’s investment scheme called Build-Operate-Transfer ...

WEEK IN REVIEW: China to Reportedly Launch International Hunt for Officials Suspected of Corruption in BRI Projects

The Chinese government will reportedly launch an international hunt for officials suspected of corruption in Belt and Road Initiative projects. This will form part of a wider crackdown on corruption in President Xi Jinping’s signature infrastructure and connectivity project. The strike will involve several state agencies and will ...

Ten Dead in Attack on Chinese-Built Port in Pakistan

Pakistani security forces foiled an attack on Gwadar Port, a key Belt and Road Initiative project. Armed militants detonated several bombs around the port complex before opening fire. All eight attackers and two soldiers were killed in fights with security forces.

Putting Geopolitical Competition on Display: Sierra Leonian President Visits China

By Lucas Engel On Saturday, March 2, 2024, Julius Maada Bio, the President of Sierra Leone, returned from China, marking the end of the year’s first visit to China by an African head of state.

The BRI Is Back on in Nepal With Funding for Hydropower Plant

Approval of a loan to support a Chinese hydropower project could signify a breakthrough in the so far stillborn development of the BRI in Nepal. A provincial Chinese energy SOE, Sichuan Chuantou Energy, secured a $182.50 million loan from the Export-Import ...

New Investment Data Shows Belt and Road Initiative Is Rebounding

Chinese investment in Belt and Road Initiative (BRI) projects rose to its highest level since 2018. A new report  by Fudan University in China and Griffith University in Australia shows that investment has jumped by 80% since last year. The ...

Report: Chinese Investment Trends in Latin America Reveal Priorities of the New, More Strategic BRI

China's investments in Latin America and the Caribbean (LAC) are undergoing a dramatic shift away from large-scale infrastructure projects towards more strategic sectors like critical minerals, telecommunications and renewable energy, according to the findings of a new report by the Washington, D.C.-based think tank Inter-American Dialogue.
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