Tag: BRI
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New Data Provides a Snapshot of China’s Global Power Plants One Year After Xi’s No-Coal Announcement
By Cecilia Springer and Hua-Ke (Kate) Chi Ahead of the 2022 United Nations Climate Change Conference known as COP27, and one year on from Chinese leader Xi Jinping’s announcement that China would step up support for green and low-carbon energy and not ...
One of China’s Largest BRI Builders Faces Economic Headwinds at Home
Business is booming for the China Communications Construction Company. It is one of the world's largest construction companies and built many of China's iconic BRI projects, including the controversial Port of Hambantota in Sri Lanka and the Standard Gauge Railway in Kenya. Signed contracts jumped 22% in ...
Mapping BRI Infrastructure
China's Belt and Road Initiative is a notoriously hazy concept, and almost a decade after its launch, it can still be difficult to get one's head around. The Xavier Collaborative Research Center for Memory and Identity at the University of Saint Joseph ...
Ten Years of the Belt and Road: Reflections and Recent Trends
By Min Ye In 2023, China will mark the tenth anniversary of its flagship Belt and Road Initiative (BRI), the billion-dollar push to fund roads, ports and other critical infrastructure around the world. Ahead of this anniversary, it is important to pause ...
China Posts Double Digit Trade Growth in First Half of 2022
China's total global trade jumped 10.3% in the first six months of the year compared to the same period last year, according to new figures released on Sunday by the General Administration of Customs. In all, the country did $3.49 trillion of ...
3 Ways to Mobilize China’s BRI for Energy Transitions
By Rebecca Ray A global consensus is forming: countries around the world must embark on energy transitions to mitigate climate change and protect the health of their own citizens. The Belt and Road Initiative (BRI) could play a key facilitating role, ...
Maybe The West’s Pressure on China to Build “High Quality” Infrastructure is Working
A Xinhua headline from Wednesday hints that years of criticism of low-quality Chinese-built infrastructure in developing countries may be having its desired effect. Chinese messaging on these issues used to focus on the speed of delivery or the low cost of construction. ...
Q&A: How Will the G7’s PGII Differ from China’s BRI? An Expert Weighs In
Responses to the G7’s Partnership for Global Infrastructure Investment (PGII) have run the gamut from enthusiastic approval to strident condemnation. However, many have also raised questions about how the initiative will actually work. While the PGII is currently presented as an ...
The G7’s New Infrastructure Initiative Could Strengthen China’s Global South Game: Experts
The G7’s new Partnership for Global Infrastructure Investment (PGII), a $600 billion plan to build infrastructure across the Global South and counter China’s Belt and Road Initiative (BRI), could have the effect of improving how Chinese companies do business and could end up improving the BRI itself, ...
No Surprise, Chinese State Media Didn’t Think Much of PGII, But They Actually Raised a Few Interesting Points
The Chinese nationalist tabloid Global Times was among the first to launch broadsides against the G7's latest effort to challenge the Belt and Road. Predictably, the paper interviewed several scholars who all discredited the new program, but rather than simply dismiss it, as they often do, they ...
PGII Will Channel a Lot of Private Capital to Developing Countries But What About the Debt?
Even as the G7 was unveiling its new Partnership for Global Infrastructure Investment (PGII), protesters in the Alpine town hosting the summit were calling for more action on infrastructure-related debt. This debate has recently centered around the impact of Chinese debt, particularly as part of ...
One Day After the Announcement of PGII, Everyone has Questions
The G7’s Partnership for Global Infrastructure Investment (PGII), announced on Monday, is the newest Western initiative aimed at countering the influence in the Global South of China’s Belt and Road Initiative (BRI.) Perhaps predictably, the announcement drew sharp criticism from official ...