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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.
President Xi Jinping told the second Belt and Road Forum in Beijing in April this year that infrastructure projects built under the BRI must be green and sustainable.
Delegates at Belt and Road Summit insist Hong Kong’s ‘significant’ role in Beijing’s global trade growth initiative is intact despite political turmoil
China’s commitment to adopt key elements of financial practices used by World Bank and IMF to ensure projects’ debt sustainability will lead to more lending opportunities in countries covered by belt and road, says banker.
Amid growing criticism of his belt and road plan, Chinese president says he wants it to be ‘anchored by international standards and norms’, but Beijing’s big promises are nothing new, analysts say.
Secretary for Commerce and Economic Development Edward Yau says there is little confidence things can return to how they were, ‘as if nothing had happened’.
Video on US State Department website tells countries to ‘be wary’ of risks from Beijing’s infrastructure drive.
The Southeast Asian nation signed at least nine deals with China last week on the sidelines of the second Belt and Road Forum, but some analysts say it is likely political obedience to China will include military access.
Russia’s agreement with Chinese state-owned oil companies to develop natural gas in the Arctic Circle could provide an alternative source for China’s energy needs
Study by US-based Rhodium Group finds only one confirmed case of asset seizure and says Beijing is more likely to renegotiate burdensome debts.
Report highlights ports and railways that Beijing hopes will yield fast, positive results for local communities and investors.
Speaking on the sidelines of last week’s forum, the country’s investment minister says he finds Beijing’s openness to feedback ‘highly encouraging’.
Ideally situated with good harbours, this remote country is helping China protect its growing interests as the vast infrastructure strategy takes hold.
On the sidelines of the Belt and Road Forum, Malaysian companies promoted home-grown durian chocolates, mooncakes and more ahead of expected new rules allowing them to sell whole, frozen durians to China.
Chinese president vows to stick to international rules and standards, as joint statement emphasises financial sustainability, pollution control and anti-corruption efforts.
Xi Jinping wraps up three-day event with signing of shared promise to make global trade and infrastructure plan more diversified, financially responsible.
The RM21.5 billion haircut on the original East Coast Rail Link deal demonstrates that clear parameters are possible for BRI projects from the start.
Belt and Road Forum lacked a clear schedule and sufficient content, some attendees complain, while tight media control made it difficult for China to project openness – a theme at the event.
Darell Leiking says uncertainty created by conflict has caused shift in region’s supply chain that ‘has already impacted the world for five to 10 years’.
The Chinese authorities hope that the Beijing International Horticultural Exhibition will not only draw millions of visitors but also help its diplomatic efforts.
Brussels’ strategy focuses on ‘sustainable financing, avoiding debt traps, environmental impact’, European Commission vice-president Maros Sefcovic says.
While he did not mention the US or trade war, president puts emphasis on key issues that have been raised by Washington during speech to world leaders.
Vladimir Putin gets behind Beijing’s massive infrastructure initiative as rivalries grow with the United States.
Speech to Belt and Road Forum strikes more measured tone compared with two years previously and seeks to address range of criticisms over project.
Chinese president promised to open up economy and work with other countries, but one diplomat said these were ‘largely the same’ as previous pledges.
Leader says he hopes nations can treat companies, students and scholars equally, ‘provide a friendly environment for exchange and cooperation’.