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Belt and Road Initiative

Belt and Road Initiative
The initiative spearheaded by the Chinese government and endorsed by President Xi Jinping in late 2013 aims to improve trade and economic integration across Asia, Europe, and Africa.
A view of the Port of Balboa, managed by CK Hutchison Holdings based in Hong Kong, at the entrance to the Panama Canal in Panama City. On February 24, 2026, Hong Kong-based conglomerate CK Hutchison objected to a takeover by Panamanian authorities of two ports its subsidiary previously controlled on the Panama Canal. Photo: AFP
China manufacturing

Panama out, but study says China investing US$23.9 billion in world’s seaports

Beijing funds 363 ports outside the Panama Canal to safeguard against East-West decoupling and US bid to curb China’s supply chain influence.

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Two Sessions 2026

Will Iran feature in foreign policy talks at China’s ‘two sessions’?

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China economy

China poised to earn vast profits from global energy transition: analysts

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Food and agriculture

Opinion | How China’s national food security push could reshape global markets

Amid increasing pressure from trade wars and climate change, Beijing is reframing agriculture as a matter of national security.

Farmers pick grapes in Xuzhou, Jiangsu province on June 6, 2025. Photo: VCG via Getty Images
China trade

As high-speed railways saturate China, how far can their global reach extend?

As Chinese giants eye Eurasia for new infrastructure, analysts speculate on what it will take to keep overseas projects from going off the rails in different host nations.

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Africa

African Union: youth anger mounts over corruption, lack of accountability

Africa has the youngest population in the world, with more than 400 million people aged 15 to 35 years old – set to double by 2050.

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China-Latin America relations

US, China clash over Peru Chancay megaport after court bars regulator oversight

Ruling limits state supervision of Chinese-controlled hub, prompting sovereignty warning from Washington and sharp rebuttal from Beijing.

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The Port of Chancay, a US$1.3 billion deep-water hub north of Lima, is majority owned by Cosco Shipping Ports. Photo: Handout
US-China trade war

China vies with US in Latin America

China is investing billions of dollars in Latin America, seeking access to raw materials and huge markets in an area traditionally seen in the US as “America’s backyard”.

China-Asean relations

‘Time is ripe’: why China is eyeing another vast canal link to Southeast Asia

China has almost completed the US$10 billion Pinglu Canal connecting its heartlands to Southeast Asia. Now, it is mulling an even larger waterway.

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US-China relations

The options China could take to deal with ‘serious setback’ over Panama Canal

Beijing has a range of possible options after a contract given to Hong Kong firm CK Hutchison was voided by Panama’s Supreme Court.

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Donald Trump has vowed to regain control of the canal for the US and hit out at “Chinese control”. Photo: Reuters
China trade

Trump wants China out of South America – but Peru’s Beijing-backed port is abuzz

Beijing’s hunger for minerals and raw materials is pushing trade in the region to record levels, even after incidents in Panama and Venezuela.

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A container is lifted by a crane at the Chinese-funded Chancay port in Peru, on October 29, 2024. Photo: AP
Climate change

Opinion | Why China and Europe should care about Central Asia’s water crisis

Central Asian rivers shape Eurasian trade flows, affect global food markets and contribute to geopolitical instability across the region.

US-China relations

Opinion | Beijing must be clear-eyed about its national interests abroad

As the US disrupts international norms, China should reconsider its place in the world system to protect its overseas investments.

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Pakistan

Pakistan says it killed 145 ‘Indian-backed terrorists’ after Balochistan attacks

‘The bodies of these 145 killed terrorists are in our custody, and some of them are Afghan nationals,’ the provincial chief minister said.

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Pakistani security officials stand guard on a road after militants launched coordinated attacks across Balochistan province, in Quetta, Pakistan on Saturday. Photo: EPA-EFE
Nepal

China to step up investment in Nepal’s hydropower sector: Nepalese official

China has ‘already proposed some projects’ in Nepal, as it looks to tap the country’s huge hydropower resources and sell power to India.

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The site for one of Nepal’s proposed hydroelectric dams, the Budhi Gandaki project. The country is keen to attract more foreign investment to tap its huge hydropower resources. Photo: SCMP
China economy

Opinion | Fears of overcapacity ignore China’s full balance of payments picture

The right question to ask is whether China’s overall current account represents a destabilising imbalance that siphons growth from trading partners.

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China economy

Opinion | China’s slowing overseas investment reflects caution, not retreat

Amid rising protectionism and increased pushback in advanced economies, Beijing is strategically recalibrating its investments abroad.

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Banking & finance

FSDC urges Hong Kong to focus on Africa-Asia financial corridor

City can unlock opportunities providing capital for companies and Belt and Road Initiative infrastructure projects, advisory council says.

A view of Nairobi, Kenya. Photo: Shutterstock
Mainland China

China close to opening US$10 billion canal linking heartlands to Southeast Asia

The vast waterway in China’s southern Guangxi region is set to open before the end of 2026, according to state media reports.

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China-Latin America relations

Peru’s president refuses to resign over secret meetings with Chinese businessmen

Jose Jeri is under scrutiny for clandestine encounters with Chinese businessmen that triggered a criminal probe and calls for his removal.

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Middle East

Opinion | Will Iran’s instability force China to rethink its Middle East strategy?

The assumption that domestic unrest can be treated as background noise, unlikely to disrupt energy flows, is becoming increasingly untenable.

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Security forces are seen during a pro-government rally on January 12, in Tehran, Iran. Photo: Getty Images/TNS
China economy

China ramps up Belt and Road deals amid US competition

A 75 per cent boom in China’s Belt and Road Initiative last year will help lock in resources for the energy transition and AI rush, as well as extending the country’s global reach.

Photo: Shutterstock Images
China economy

US trade war? China had bigger plans in 2025 as ‘belt and road’ deals surged

China’s global infrastructure strategy logged a record US$213 billion of new deals in 2025, as metals projects in Central Asia soared, report finds.

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US-China relations

Biden administration decision to scrap China Initiative flawed: White House

US top science adviser Michael Kratsios says ceasing programme aimed at combating economic espionage from Beijing ‘damaging’.

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China's economic recovery

China prioritises export controls, supply chains to shield economy in 2026

Commerce ministry also pledges to boost domestic demand, services and two-way investment over coming year.

Beijing has deployed export controls amid the US-China trade war as well as trade and diplomatic disputes with other countries. Photo: AP
US-China relations

Chip sales to China part of US plan to build its own digital silk road: official

Jacob Helberg tells Consumer Electronics Show audience that Gulf partnerships will help to stall Chinese AI advances.

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Attendees walk through the lobby of the Las Vegas Convention Centre at CES 2026, the world’s largest annual consumer electronics trade show. Photo: Reuters
Infrastructure

China plans 19% high-speed rail expansion by 2030 amid global dominance

Beijing aims to expand the nation’s entire rail network to about 180,000km as part of 2026-2030 infrastructure push, boosting connectivity nationwide.

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China-Latin America relations

Venezuela crisis underscores China’s challenges in Latin America

Washington making an example of Maduro as a ‘warning shot’ would create a ‘chilling effect’ across Latin America, observer says.

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