Tag: Belt and Road
Related Posts
China’s Low Profile Diplomacy in the Caribbean
China is steadily, albeit quietly, deepening its ties in the Caribbean region using many of the same techniques that it did in the early 2000s when it ramped up its engagement in Africa. The Chinese are buying more agriculture, building infrastructure, ...
China’s Cutting Back on BRI Financing, But Not For Renewable Energy
China has dramatically cut back financing overseas infrastructure development initiatives, especially for carbon-intensive energy projects involving oil, gas, and coal. From 2016 to 2019, China's two major policy banks slashed lending by a stunning 85%. ...
Lessons From ASEAN on How Africa Can Better Manage Ties With China
While Chinese engagement in Africa is a relatively new phenomenon, dating back around 20 years now, countries in Southeast Asia have millennia of experience in managing ties with Beijing. Today, the 10 countries that make up the Association of Southeast Asian ...
New Map of the Belt & Road Reveals a Much More Intricate Chinese Trading Network
A trio of scholars in China recently published an academic paper in the Journal of Contemporary China that included a much more detailed map of China's Belt & Road trade routes in Asia than previously available. One of the key takeaways from the ...
China’s Rapidly Evolving Relations in the DR Congo
Foreign Minister Wang Yi's stopover in Kinshasa on his latest Africa tour highlights the growing importance of the DR Congo in Chinese foreign policy. During his visit, Wang announced a modest debt relief package and that the DRC would become the ...
China’s Risky “Build It and They Will Come” Development Strategy
There's widespread speculation that Chinese financial support for its hugely ambitious Belt and Road Initiative may be waning due to the current economic crisis and the desire among senior Chinese policymakers to focus more attention on the domestic front. ...
China Steadily Lessens Dependence on U.S. Market With More Exports Going to Asia; Africa, LatAm Far Behind
Chinese Foreign Minister kicked off a four-nation tour of Southeast Asia in Myanmar on Monday where he met with newly re-elected President Win Myint (photo) and Aung Sang Suu Kyi, the de facto head of the government and leader of the ruling National League for Democracy party. ...
Wang Yi’s Busy Day in Kinshasa
On the second stop of his weeklong Africa tour, Chinese Foreign Minister Wang Yi spent a very busy day on Wednesday in Kinshasa, the capital of the Democratic Republic of the Congo, where he met with President Félix Tshisekedi and Foreign Minister Marie Tumba Nzeza. ...
African Diplomats in China Are Spending a Lot More Time These Days Talking About The Belt and Road Initiative
Ethiopia's ambassador to China, Teshome Tog Chanaka, shared his enthusiasm on Twitter Tuesday about his participation in the latest forum on how to integrate Africa into the Belt and Road. The event was organized by the Algerian embassy and the Taihe Institute, an international policy ...
Chinese Development Finance is Changing. We Just Don’t Know Exactly How.
A lively discussion broke out over the weekend about Boston University's new Chinese overseas development finance database and whether the dramatic plunge in lending that purportedly took place last year is accurate. Some scholars are suggesting that BU's data
Report: China Lacks Comprehensive Debt Relief Strategy
A new report by the International Institute of Green Finance (IIGF) at the Central University of Economics and Finance in Beijing appears to echo some of the same themes that emerged from Boston University's Overseas Chinese Lending Database, specifically related to an apparent sharp decline ...
The Chinese Are Changing Course in Africa
With the rise of the Belt and Road over the past several years, China's dependence on Africa for raw materials has been steadily diminishing. 15-20 years ago when China first embarked on its "Going Out" agenda, the barriers to entry into most African markets were low and ...