Category

Belt and Road

EU, ASEAN trade bloc plan closer digital ties that could make China’s Belt and Road offering look rather boring Belt and Road

EU, ASEAN trade bloc plan closer digital ties that could make China’s Belt and Road offering look rather boring

The European Union and the Association of Southeast Asian Nations (ASEAN) trading bloc have vowed to intensify their digital trade and connectivity links in ways that could rival the corresponding parts of China’s economic Belt and Road Initiative. The declaration this month comes a day after the Asian trade bloc…
bubmag
December 2, 2020
Hundreds of Chinese, Once Attracted by Belt and Road Deals, Flee Ethiopian Civil War Belt and Road

Hundreds of Chinese, Once Attracted by Belt and Road Deals, Flee Ethiopian Civil War

More than 600 Chinese citizens have been evacuated from Ethiopia’s northern Tigray region over the past two weeks after a conflict between separatist militants and Ethiopian federal forces broke out on November 4, the South China Morning Post (SCMP) reported on Tuesday. Ethiopia’s ambassador to China, Teshome Toga Chanaka, said…
bubmag
November 24, 2020
US makes fresh pitch to Latin America in bid to counter China's influence Belt and Road

US makes fresh pitch to Latin America in bid to counter China's influence

Photograph: Ranu Abhelakh/ReutersGrowing tensions between the US and China have prompted clashes at the United Nations, accusations of spying and rumblings of a global trade war.In Latin America, the rivalry has recently prompted a public relations battle over which superpower could provide ventilators and PPE during the pandemic, outcry over…
bubmag
October 1, 2020
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