Topic

Belt and Road Initiativei

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.

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  • Chinese leader hails Belgrade’s support for his vision of a ‘community with a shared future’ as the countries pledge to deepen relations
  • Xi also backs Serbia’s stance on Kosovo during meeting with President Aleksandar Vucic on Wednesday morning
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Head of US International Development Finance Corporation Scott Nathan calls on members of Congress to review the eligibility criteria for funding to help build partnerships, particularly in Latin America.

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Meeting with Serbian President Aleksandar Vučić expected to be heavy on symbolism as it coincides with 25th anniversary of Nato’s bombing of China’s embassy.

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As geopolitical changes have made working with China more risky than before, European firms have backed away from infrastructure projects linked with the Belt and Road Initiative.

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The airport is named after former president Mahinda Rajapaksa, who borrowed heavily from China for infrastructure projects that quickly became commercial failures.

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At the Digital Silk Road Development Forum in Xian, Alibaba and Shein were praised for helping advance the country’s booming cross-border e-commerce sector.

Officials touted China’s progress in strengthening digital development initiatives for BRI members, calling for countries to work together and ‘oppose technological blockades’.

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Investigators have uncovered evidence linking last month’s deadly attack on the Karakoram Highway to the same Tehreek-i-Taliban Pakistan cell that killed nine Chinese nationals in a 2021 bombing on the same road.

Envoys from 49 countries attend event hosted by Xinjiang officials, with many saying they hope to strengthen cooperation under belt and road strategy, as region aims to expand international influence in the face of human rights allegations.

The US urged greater transparency from Cambodia over the US$1.7 billion project that analysts say could be used to boost China’s military presence in Phnom Penh.

Russian official’s comments on integrating belt and road with Eurasian bloc signal fresh interest in Chinese strategy Moscow once viewed as a challenge to its dominance.

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The CEO of Neom – a US$500 billion futuristic, zero-carbon megacity under construction on the country’s northwest coast – is scheduled to host a half-day event on April 19 inviting investors to back the ambitious development.

Pledge comes in joint statement issued as Lankan Prime Minister Dinesh Gunawardena wraps up five-day visit to China, where debt restructuring was top of the agenda.

An estimated US$50 billion pledged by China for infrastructure in Southeast Asia has yet to manifest in completed projects according to a recent study, raising questions over the efficacy of the country’s Belt and Road Initiative.

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Beijing demands investigation into bombing that killed engineers working on hydroelectric dam – the third major attack on Chinese interests in the South Asian country in a week.

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