Category: Belt and Road
African, Chinese Exim Banks Sign $600 Million Trade Deal
China Exim Bank has signed a $600 million deal with the African Export-Import Bank to boost trade and economic cooperation between Afreximbank member states and China. At present, it is unclear which specific sectors will be targeted via the deal, which was signed ...
Africa’s Strong Presence at China’s Belt & Road Forum
Five of the 24 heads of state who attended this week's Belt and Road Forum in Beijing were from African countries, highlighting the prominent role the continent played at the event. Many of the themes ...
China’s Belt & Road Checks May Get Smaller, But Indonesia Can Still Get Plenty
After complaints surrounding debt and environmental woes, China’s Belt and Road Initiative (BRI) is finally changing. At the Belt and Road Forum this week, China announced that the BRI will now be “Small but Smart”, aiming to fund smaller-sized projects that are greener. ...
Belt and Road Forum Concludes as Geopolitical Clouds Gather
The Belt and Road Forum has wrapped up with an eye-watering list of new initiatives and events, and commitments. Some of these are strikingly vague and/or abstract and working out exactly what they entail will take a while. What is notable ...
Kevin Gallagher’s Key Takeaways From the Belt & Road Forum
Boston University Global Development Policy Center Director Kevin Gallagher was one of only a handful of U.S. stakeholders invited to participate in the Belt and Road Forum that just wrapped up in Beijing. Kevin joined CGSP Editor-in-Chief Eric Olander for a ...
Wang Yi to Challenges Western BRI-Rivals: Bring it On
Chinese Foreign Minister Wang Yi held a press conference following the closing ceremony of this week’s Belt and Road Forum that summed up the sprawling event as an example of a confident China’s openness to working with the world (and especially the Global South) to boost mutual development.
Xi’s Speed Diplomacy on the Sidelines of the Belt and Road Forum
Xi Jinping’s presence at the Belt and Road Forum was dominated by his keynote address during which he announced a raft of new initiatives. However, he also engaged in speedy rounds of bilateral meetings and hosted a banquet on Tuesday night. ...
Chinese President Xi Jinping Outlines Next Phase of BRI
China will funnel about $100 billion into its state banks to fund the next phase of the Belt and Road Initiative (BRI). This was one of the announcements during Chinese President Xi Jinping’s keynote presentation at the Belt and Road Forum, during which he outlined expansive plans for ...
The Number of Leaders Attending China’s Belt and Road Forums Has Fallen Steadily
While overall attendance at this year's Belt and Road Forum in Beijing was robust, the participation of heads of state and leaders of international organizations was down dramatically from the first forum in 2017. In fact, so few leaders attended this ...
The Old Belt & Road is Over, New Era Begins, Says Top China Analyst Richard McGregor
With the Belt and Road Forum in Beijing now wrapped up, some of the world's top China analysts are beginning to reflect on the key themes that emerged at this year's event and what it says about the future of Belt and Road.
The Belt and Road Initiative Is Changing But It’s Not Going Away
Up until a few weeks ago, columnists in major Western publications were packing away the Belt and Road Initiative. Foreign Policy called it ‘China’s Belt and Road to Nowhere’ in February. In April, the Council on Foreign Relations proclaimed ‘The Rise and Fall of the ...
The Belt and Road Forum Is All About Deals, Deals, Deals
One of the reasons so many leaders from around the world are in Beijing is because the Belt and Road Forum is expected to be an important space for new deals. Some leaders are traveling with large corporate entourages in the hope of finalizing trade and investment ...