Tag: Partnership for Global Infrastructure and Investment (PGII)
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The Infrastructure Cold War
This week, the U.S. House Foreign Affairs Committee heard testimony about foreign investments channeled by the Development Finance Corporation (DFC), an agency founded in the late Trump era and key to the implementation of the Partnership for Global Infrastructure and Investment (PGII), the Biden administration’s global infrastructure rollout ...
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Does China Own the Future?
The FT columnist Gillian Tett argued this week that global markets are revealing an interesting paradox: on the one, hand, rising stock prices show that investors are feeling somewhat more optimistic about the future. On the other, gold and bitcoin (both seen as hedges against losses and volatility) ...
What the U.S. Needs to Do to Better Compete With China in Development Finance
There's a growing sense of anxiety in Washington over what the U.S. can do to better compete with China to finance infrastructure in developing countries around the world. For much of the past three years, the Biden administration has made the ...
New Report Tracks Major Developments in Chinese Lending
China’s Belt and Road Initiative is evolving rapidly to take on debt, reputational, and ESG challenges that affected its first decade. This is one of the findings of a landmark report from AidData, a research institute at the College of William and ...
Chinese Netizens Hit Out At Wang Yi’s Infrastructure Challenge
At last week’s Belt and Road Forum China’s Foreign Minister Wang Yi threw down the gauntlet at the U.S.-led Partnership for Global Infrastructure and Investment (PGII), saying, "We might as well compete internationally to see who can build more roads, railways and bridges for developing countries and who ...
Indonesia’s plans to develop its rare earth resources face a geopolitical dilemma because the fastest way to process them relies on China’s dominant technology and supply chains, even as the United States and its allies are urging Jakarta to reduce dependence on Beijing. Photo by AFRIADI HIKMAL / NURPHOTO / NURPHOTO VIA AFP
Indonesia sits on a geological treasure trove of rare earth minerals, and the government is eager to tap into the wealth they could bring. While it knows how to find, mine, and sell the highly sought-after critical materials, it confronts a geopolitical dilemma: The only ...
The Infrastructure Cold War
This week, the U.S. House Foreign Affairs Committee heard testimony about foreign investments channeled by the Development Finance Corporation (DFC), an agency founded in the late Trump era and key to the implementation of the Partnership for Global Infrastructure and Investment (PGII), the Biden administration’s global infrastructure rollout ...
Does China Own the Future?
The FT columnist Gillian Tett argued this week that global markets are revealing an interesting paradox: on the one, hand, rising stock prices show that investors are feeling somewhat more optimistic about the future. On the other, gold and bitcoin (both seen as hedges against losses and volatility) ...
What the U.S. Needs to Do to Better Compete With China in Development Finance
There's a growing sense of anxiety in Washington over what the U.S. can do to better compete with China to finance infrastructure in developing countries around the world. For much of the past three years, the Biden administration has made the ...
New Report Tracks Major Developments in Chinese Lending
China’s Belt and Road Initiative is evolving rapidly to take on debt, reputational, and ESG challenges that affected its first decade. This is one of the findings of a landmark report from AidData, a research institute at the College of William and ...
Chinese Netizens Hit Out At Wang Yi’s Infrastructure Challenge
At last week’s Belt and Road Forum China’s Foreign Minister Wang Yi threw down the gauntlet at the U.S.-led Partnership for Global Infrastructure and Investment (PGII), saying, "We might as well compete internationally to see who can build more roads, railways and bridges for developing countries and who ...
U.S., EU Unveil Next Steps in the Expansion of Angola’s Lobito Corridor Railway
The United States and the European Union are moving forward with a plan to upgrade the 1,300-kilometer Lobito rail corridor that links the copper and cobalt belts in Zambia and the DR Congo with the port of Lobito in Angola. In separate ...
B3W 2.0: The $600 Billion “Partnership for Global Infrastructure and Investment”
G7 leaders unveiled their latest effort to challenge China's Belt and Road Initiative with the announcement of the "Partnership for Global Infrastructure and Investment (PGII)." The new plan was revealed on Sunday at the leaders' summit in Germany and included pledges to raise $600 billion in private and public ...