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Looks Like Latin America Will Be the First Place Where B3W Will Take on China’s BRI

It looks like the U.S.-led Build Back Better World (B3W) initiative that was announced at the G7 summit in Cornwall, England earlier this summer is moving forward and Latin America is going to be the first region where Washington aims to challenge China's Belt and Road Initiative. ...

U.S. Conservatives Are Disappointed The Development Finance Corporation Isn’t Doing More to Confront China

Two prominent analysts at The Heritage Foundation, a conservative think tank in Washington, D.C., contend that the main U.S. development finance agency is not doing enough to "counter" China's growing influence in developing countries. Since it was re-launched in 2019, the ...

The EU Launches “Global Gateway” as the Latest Challenger to China’s Belt and Road Initiative

European Union Commission President Ursula von der Leyen announced a new initiative aimed squarely at challenging China's dominance in building infrastructure throughout the Global South. Von der Leyen unveiled the "Global Gateway" plan on Wednesday during her annual "State of the European Union" address before ...

Hunan Province’s Trade With BRI Countries Jumps 20%

Hunan province is now among the key hubs in China for African trade and increasingly it appears to be positioning itself as a larger BRI trading center. Hunan trade with BRI countries is up 20% year-on-year to $16.5 billion in the January-August period.
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[NEW PODCAST] Why It's Not China's Fault That Its Trade With Africa is So Distorted