Category

Belt and Road

President Xi Jinping’s Belt and Road Initiative presents both benefits and risks for China Belt and Road

President Xi Jinping’s Belt and Road Initiative presents both benefits and risks for China

By undertaking massive infrastructure projects around the world, China under President Xi Jinping is following in the footsteps of previous empires. Why it matters: Like previous imperial projects in history, Xi's Belt and Road Initiative presents both benefits and risks for China.In his new book, "The Emperor's New Road: China…
bubmag
September 29, 2020
Indonesia begins to embrace China’s yuan as trade and belt and road projects fuel uptake Belt and Road

Indonesia begins to embrace China’s yuan as trade and belt and road projects fuel uptake

A person holds a stack of Chinese yuan bank notes. Photo: ShutterstockAn estimated US$2.7 billion’s worth of the country’s international trade was paid for using China’s currency in the first six months of this year China has emerged as Indonesia’s largest trading partner over the past decade and is its…
bubmag
September 19, 2020
Myanmar moves step closer to new bids on China-backed belt and road project Belt and Road

Myanmar moves step closer to new bids on China-backed belt and road project

Chinese President Xi Jinping and Myanmar President Win Myint at a welcome ceremony at the presidential palace in Naypyitaw, Myanmar, in January. Photo: ReutersMyanmar has opened the door for new bids against China Communications Construction Company (CCCC) for construction of the New Yangon City project The so-called Swiss challenge will…
bubmag
September 8, 2020
China: America’s hidden target in Trump’s ‘historic’ Israel-UAE deal? Belt and Road

China: America’s hidden target in Trump’s ‘historic’ Israel-UAE deal?

US President Donald Trump smiles after announcing that the United Arab Emirates and Israel have agreed to establish full diplomatic ties. Photo: APThe alliance has been positioned as America buttressing its two allies against the ambitions of Iran and Turkey, but sceptics spy a quid pro quo US wants Arab-Israeli…
bubmag
August 29, 2020
As China’s role in Mekong grows, Asean states must weigh ties with US, other powers Belt and Road

As China’s role in Mekong grows, Asean states must weigh ties with US, other powers

China’s belt and road projects and its engagement with the region via the Lancang-Mekong Cooperation are fuelling a strategic competition in Southeast Asia The US, Japan and South Korea have deepened their commitment to Mekong nations, with each also affirming Washington’s policy of a free and open Indo-Pacific Published: 6:00am,…
bubmag
August 27, 2020
Chinese envoy to SA slams suggestions China Belt and Road Initiative seeks to dominate poor African countries Belt and Road

Chinese envoy to SA slams suggestions China Belt and Road Initiative seeks to dominate poor African countries

By Siviwe Feketha 21h agoCape Town – China's acting ambassador to South Africa, Li Nan, has moved to defend the Asian country’s ambitious Belt and Road Initiative (BRI) from accusations that it is an attempt to dominate poor countries and trap them in debt.Li was addressing a virtual symposium on…
bubmag
August 6, 2020