Tag: Infrastructure
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Moroccan Media on Xi Jinping’s Visit and Increasing Cooperation with China
By Mariateresa Natuzzi On November 21, 2024, Xi Jinping, returning from his state visit to Brazil for the G20 Summit, made an unexpected landing in Casablanca. Officially described in the Chinese readout as a “technical stopover,” the Chinese President was welcomed at ...
Indian PM Opens Strategic Tunnel to China Border Zones
Indian Prime Minister Narendra Modi inaugurated a strategic Himalayan road tunnel on Monday, pushing all-weather access northwards towards contested high-altitude border zones with rivals China and Pakistan. The Z-Morh or Sonmarg tunnel, stretching 6.4 kilometers beneath a treacherous mountain pass cut ...
Africa-China 2025: Tracking Priorities on Both Sides
2025 marks a quarter-century since the first Forum on China-Africa Cooperation (FOCAC) summit. Since then, Africa-China engagement has been nothing short of transformational - both changing skylines across the continent and reshaping the role of the Global South in world politics more broadly.
China’s Xi Vows to Deepen Infrastructure Cooperation With Nepal: State Media
President Xi Jinping on Tuesday told Nepali Prime Minister Khadga Prasad Sharma Oli that China will offer more support to develop the country's infrastructure, Chinese state media reported. The leader of the Himalayan republic was in Beijing on Tuesday to meet ...
Two Projects in Asia and Africa Highlight the New Realities of Chinese Development Finance
Two very interesting stories this week highlight the complexity of China's development finance initiatives in Asia and Africa. In Cambodia, people close to the massive $1.7 billion Funan Techo canal project hint that Chinese financing isn't as secure as Prime Minister Hun Manet made it sound when ...
Debt-Saddled Laos Struggles to Tame Rampant Inflation
By Thanaporn Promyamyai and Damon Wake Suffocating under a mountain of debt to China, Laos is struggling to tame rampant inflation, with food prices rising so sharply that a growing number of households are resorting to foraging.
Xi Inaugurates South America’s First Chinese-Funded Port in Peru
Chinese President Xi Jinping on Thursday inaugurated Latin America's first Beijing-funded port in Chancay, Peru -- a symbol of the Asian superpower's growing influence on the continent as it prepares to face off with a new Donald Trump administration. The $3.5-billion ...
U.S. Urges Vigilance on Chinese Investment as Xi Opens Peru Port
The United States on Thursday called on Latin American nations to be vigilant about Chinese investment as President Xi Jinping inaugurated a major port in Peru. Xi, in Peru alongside US President Joe Biden for the APEC summit, was opening the ...
Peru’s Chancay: China’s Megaport of Entry to South America
Huge cranes loom over Peru's massive new Chinese-funded Chancay port, a symbol of Beijing's growing influence in South America, which is set to be inaugurated by President Xi Jinping on Thursday. "It's nearly ready," Gonzalo Rios, deputy general manager of the ...
China Endorses ‘Small and Beautiful’ Projects in Africa Despite Challenges
By Liu Shuang and Wang Ye China renewed its commitments to Africa this September at the Forum on China-Africa Cooperation (FOCAC) in Beijing. The renewal included endorsing “small and beautiful” livelihood-improving projects and bankrolling sustainable energy projects. The idea of small and ...
China’s Paying a High Cost for Its “All-Weather” Relationship With Pakistan
Chinese Premier Li Qiang is in Pakistan this week to get ties with its South Asian neighbor back on track after a series of terrorist attacks this year. The latest incident occurred earlier this month near the airport in the southern ...
Beyond Railways and Ports: China’s Evolving Lending Strategy in Africa
Chinese lending to African countries rebounded in a big way in 2023 after seven consecutive years of decline. Last year, Chinese lenders approved loans totaling $4.61 billion to African borrowers, a dramatic increase over the $922 million lent in 2022, according ...