Tag: Belt and Road
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China’s Doing More But Spending Less in Africa
China is engaged in more Belt and Road-related projects in Africa but spending far less than it is in the Middle East and South Asia, according to new data from the Washington, D.C.-based consultancy RWR Advisory. In its latest IntelTrak report ...
How Will COVID-19 Impact China’s Belt & Road Initiative?
Amid the worsening COVID-19 epidemic, China’s Belt and Road Initiative is facing its single greatest challenge since President Xi Jinping launch the BRI in 2013 when he promised countries around the world greater access to Chinese markets and capital. That interconnectedness ...
AEI: Chinese BRI Spending Plummeted in 2019
Agathe Demarais, Global Forecasting Director at the Economist Intelligence Unit, shared this compelling chart today that illustrates a dramatic drop off in Chinese investment and construction spending in 2019. She noted: Financing for BRI projects ...
Al Jazeera’s 101 East Investigates How China’s New “Silk Road” is Changing Lives From Asia to Africa
Al Jazeera English's Asia documentary series 101 East dedicated an entire episode to showcasing China's Belt and Road Initiative. It's a fascinating program that explores how the tens of billions of dollars already spent to build out the BRI is impact millions throughout the developing world, for ...
After a Brief Lull, the Belt and Road is Back… in a BIG Way
Last year there was a palpable sense that China's much-hyped One Belt, One Road Initiative had gone off the proverbial rails. The whole venture seemed poorly planned and not driven by a cohesive strategy, while concerns about corruption also ran high. ...
U.S. Says Forget About China’s “Belt and Road,” It’s Time For Developing Countries to Get Ready for The New “Blue Dot Network”
The United States is proposing a new infrastructure development plan for developing countries that is presumably intended to rival China's multi-billion-dollar "One Belt, One Road" strategy. Commerce Secretary Wilbur Ross unveiled the new "Blue Dot Network" on Tuesday at the Indo-Pacific Business Forum in Bangkok.
We Focus a Lot of Attention on African Countries Involved in China’s BRI, But What About Those Who Aren’t?
40 out of 55 African countries are members of China's Belt and Road Initiative (BRI) club, affording some of them preferential access to Chinese credit lines and infrastructure development spending. And for the most part, these forty countries tend to dominate the discussion about Africa's connection with ...
Financing the Future of the Belt and Road Initiative in Africa
The London-based think tank Overseas Development Institute convened a panel discussion this week to explore how China plans to finance future development along its Belt and Road Initiative (BRI). This discussion is particularly timely given that a slowing economy back home is being credited for
Deborah Brautigam: No Evidence of Chinese Debt Traps in Africa
Johns Hopkins University professor and director of the China-Africa Research Initiative in Washington, D.C., Deborah Brautigam, joins Eric & Cobus this week to discuss accusations that China engages in so-called "debt trap diplomacy." The "debt trap" narrative, also commonly referred to as ...
“The Belt and Road Is a Chinese Plan to Build a New World Order”
China's hugely ambitious Belt and Road Initiative (BRI) is often described as being more of an idea than an actual policy. Depending on whom you speak with, BRI is characterized as an economic plan to outsource China's excess domestic industrial output. Other people, notably ...
Podcast Transcript: Kenya Tribunal Blocks Chinese-Financed Coal Power Plant
Eric: Hello, and welcome to another edition of China in Africa podcast. I'm Eric Olander and as always, I'm joined by Cobus van Staden, a senior China-Africa researcher at the South African Institute of International Affairs in Johannesburg, ...
Analyst Explains Why China's "Debt Trap Diplomacy" Critics Are Wrong
China's critics, led largely by the United States, are determined to warn developing countries about the risks of borrowing too much money from Beijing. They contend China will use these loans to financially entrap economically vulnerable countries as part of a broader effort to ...