Category

Belt and Road

Middle Eastern countries look to China for infrastructure funding, new technology Belt and Road

Middle Eastern countries look to China for infrastructure funding, new technology

Chinese Foreign Minister Wáng Yì 王毅 with his counterpart in the United Arab Emirates, Sheikh Abdullah bin Zayed al-Nahyan, in Abu Dhabi on March 28, 2021. Photo via Xinhua. China is expanding its presence in the Middle East by building out critical infrastructure in the region and securing deals on…
bubmag
February 3, 2022
With its ‘Global Gateway’, EU tries to compete with China’s Belt and Road Initiative Belt and Road

With its ‘Global Gateway’, EU tries to compete with China’s Belt and Road Initiative

The EU unveiled its "Global Gateway" project this week, which is seen as a European alternative to China’s Belt and Road Initiative (BRI). But is the EU’s €300 billion plan a serious threat to Beijing’s influence extension initiative?  Everyone wants their own Silk Road. Nearly a decade after Chinese President Xi Jinping proposed…
bubmag
December 3, 2021
Explaining China’s relationship with Indonesia, its gateway to Southeast Asia Belt and Road

Explaining China’s relationship with Indonesia, its gateway to Southeast Asia

One reason for Indonesia’s dramatic reversal might lie in the Donald Trump administration’s transactional and “America First” foreign policy, which sidelined U.S.-Indonesia relations. From Jakarta’s vantage point, it was not relevant to Washington until Pompeo publicly sought to resist China’s maritime claims in the South China Sea in October 2020.…
bubmag
December 2, 2021
US Eyes January Rollout of First Projects to Counter China’s Belt and Road Belt and Road

US Eyes January Rollout of First Projects to Counter China’s Belt and Road

FILE PHOTO: U.S. Deputy National Security Advisor Daleep Singh speaks during a news conference as the last stop on his three-country Latin America tour to promote a G7's infrastructure program aimed at countering China's Belt and Road initiative in Panama City, Panama, (REUTERS) A U.S. delegation led by President Joe…
bubmag
November 9, 2021
Chinas loans leave developing nations with $385 billion in hidden debts, reveals study Belt and Road

Chinas loans leave developing nations with $385 billion in hidden debts, reveals study

A new study claimed that China’s Belt and Road Initiative has caused dozens of countries to accumulate $385 billion in “hidden debts” to Beijing. AidData, an international development research lab based at Virginia’s College of William & Mary, revealed that the debt had slipped through the scrutiny of international lenders…
bubmag
October 3, 2021