China's Belt and Road Initiative has left scores of lower- and middle-income countries saddled with "hidden debts" totalling USD 385 billion, according to new research.
President Xi Jinping launched the Belt and Road Initiative (BRI) in 2013
The Talibans unpredictable takeover of Afghanistan has ushered in a tumultuous second innings for the country, as the world watches the developments closely
Environmentalists accuse the developers of destroying ecosystems in pursuit of commodities like oil, metal and timber
About 15 Chinese Belt and Road Initiative (BRI) projects worth over USD 2.4 billion ran into trouble last year, according to a London-based think tank report.The Overseas Development Institute (ODI) said in a report titled 'China navigates its Covid-19 recovery - outward investment appetite and implications for developing countries' that the overall figure could be higher of all the setbacks to delays caused by the COVID-19 pandemic, South China Morning Post (SCMP) reported.According to the report, China Export & Credit Insurance Corporation (Sinosure) was "greatly frustrated" by Zimbabwe's failure to pay a USD 10 million commitment fee for the Kunzvi Dam electricity project, contracted to Sinohydro. The report said the Zimbabwean government was understood to already owe a substantial debt to Sinosure.Furthermore, the study tracked BRI projects between January and November last year and found several projects affected by delays due to COVID-19 as Myanmar and Nigeria closed their
Taiwan and the US are moving ahead with a plan to finance infrastructure and energy projects in Asia and Latin America
China last week held the first video conference of the BRI as part of its efforts to kick start the projects
Over 100 countries have signed agreements with China to cooperate in BRI projects like railways, ports, highways and other infrastructure
Rising inequalities, environmental degradation, social alienation and absence of civil liberties have accompanied this narrative, says former Professor of Delhi University
China will be holding the second Belt and Road Forum in April, which Chinese Foreign Minister Wang Yi stated would be bigger than the one held in 2017.
China's flagship foreign-policy initiative is closer to a branding exercise than a master plan for geopolitical domination
A police state full of brutal reeducation camps in Xinjiang will merely provoke a terrifying backlash - and the Belt and Road will be among the casualties
According to the Council on Foreign Relations, that infrastructure can be used to help Beijing gain information
Malaysia's new government has axed a high-speed rail line to Singapore because it is too costly and is reviewing other large infrastructure projects financed by China
Nations in central Asia and eastern Europe could benefit the most -- an estimated 35 per cent to 45 per cent growth in trade.
Government officials and financial experts show that mitigating the risks is key to maximizing opportunities
Officials say Chinese investment flows into India have been affected as China has been routing all its external investments in recent years only under the BRI
During a hearing of the US-China Economic and Security Review Commission, Andrew Small said India has drawn those red lines in Sri Lanka, Maldives and Bangladesh
India is strongly opposed to an economic corridor that China is building in Pakistan that runs through disputed Kashmir