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Belt And Road Initiative

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  • India only country to not support BRI at SCO summit, maintains opposition to China's ambitious connectivity project

    Notably, India has not endorsed the BRI in any previous SCO meetings and summits.

  • Can IMEC compete with the Belt and Road Initiative?

    Can IMEC compete with the Belt and Road Initiative?

    Positioned as an alternative to China’s BRI, IMEC has been challenged by a dramatic geopolitical shock soon after its announcement. So far, only India and the UAE have taken initial steps by signing MoUs. The extent to which US President Donald Trump prioritizes the corridor will be crucial in determining its long-term relevance and success

  • Trump Warns of Action Over Panama Canal, Panama Reaffirms Sovereignty

    Trump Warns of Action Over Panama Canal, Panama Reaffirms Sovereignty

    President Donald Trump reiterated his vow to "take back" the Panama Canal, warning of "powerful" U.S. action over alleged Chinese influence. His remarks followed Secretary of State Marco Rubio’s meeting with Panama’s President Raúl Mulino, who reaffirmed Panama’s sovereignty while acknowledging U.S. concerns. Mulino announced Panama would exit China’s Belt and Road Initiative and seek U.S. investments. Rubio hinted at U.S. intervention under a 1977 treaty if security threats arise. Meanwhile, Panama is auditing a Chinese-linked port operator. Mulino downplayed military action risks but stressed legal steps would follow the audit’s findings.

  • China's anti-graft body to probe corruption in BRI projects

    China's anti-graft body to probe corruption in BRI projects

    Fighting corruption related to the Belt and Road Initiative (BRI) will be among the priorities for the Central Commission for Discipline Inspection's work report for 2024 (CCDI), the ruling Communist Party of China's (CPC) powerful anti-graft body, the Hong Kong-based South China Morning Post reported.

  • India reiterates opposition to China's multi-billion-dollar infrastructure project BRI

    India reiterates opposition to China's multi-billion-dollar infrastructure project BRI

    The BRI has raised global concerns over China’s debt diplomacy of extending huge loans to smaller countries for unsustainable infrastructure projects.

  • Ten years of China’s Belt and Road: what has $1tn achieved?

    Ten years of China’s Belt and Road: what has $1tn achieved?

    The massive infrastructure initiative has granted Beijing additional influence, but critics question whether the cost has been worth it

  • Xi-Putin meeting on October 17: here’s what it says about their current, and future, relationship

    Xi-Putin meeting on October 17: here’s what it says about their current, and future, relationship

    The occasion of Putin’s likely trip to Beijing is the tenth anniversary of the Belt and Road Initiative (BRI), an ambitious Chinese project to expand global trade routes with other nations and extend transport and infrastructure links.

  • China’s Belt and Road shows the high price of Beijing’s money

    China’s Belt and Road shows the high price of Beijing’s money

    The Whoosh bullet train is a signature BRI project reducing travel time from Jakarta to Bandung from 3 hours to about 40 minutes. But construction got mired in delays and profitability remains a big question. Jakarta is increasingly pushing back against Beijing, insisting that China Railway transfer its technology so that it can produce the trains domestically

  • War of the Roads: India-Middle East-Europe corridor conceived to counter China’s BRI

    War of the Roads: India-Middle East-Europe corridor conceived to counter China’s BRI

    The ambitious infrastructure project, which would link India with West Asia and Europe, could boost India’s economic integration with the Gulf and other countries in the region and Europe.

  • The Eastern Window: Countering China’s BRI would lift India’s global status

    The Eastern Window: Countering China’s BRI would lift India’s global status

    The US wants to use the newly announced India, Middle East, and Europe Economic Corridor as a means to counter China’s Belt and Road Initiative (BRI). The plan’s success would boost India’s global image. This is why India has a key role to play in the project in which 10 developed countries are invested

  • At SCO summit, India reiterates opposition to China's Belt and Road Initiative

    At SCO summit, India reiterates opposition to China's Belt and Road Initiative

    A declaration issued at the end of an India-hosted virtual summit of the grouping said Russia, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan reaffirmed their support to the BRI.

  • First India-GCC Senior Officers Meet to consolidate India’s position in the region

    First India-GCC Senior Officers Meet to consolidate India’s position in the region

    In the wake of China recently achieving pole position in the neighbourhood by brokering the Iran-Saudi brotherhood, India has moved so as not to be left behind, as also to close the FTA that has long been hanging fire.

  • Why China is re-calibrating its BRI strategy

    Why China is re-calibrating its BRI strategy

    Failure of China’s BRI strategy has led to a shift that now focuses on investments that achieve its global goals but with direct benefits to its domestic economy

  • Putin’s admission of Indian, Chinese concerns may help both manage Western pressure

    Putin’s admission of Indian, Chinese concerns may help both manage Western pressure

    While neither India nor China want to jeopardise relations with the US and Europe, a weakened Russia scarred by the Ukraine war is not a good outcome either. Though their stand is decidedly different, the West sees both the Asians as pro-Russian. The situation demands diplomatic balance.

  • China’s BRI is not just a debt trap but a trade trap too

    China’s BRI is not just a debt trap but a trade trap too

    Opportunity for developed world to woo recipients of Chinese funds through active investments in productive value chains in these countries and make them a core part of the world economic engine

  • The CPEC presents more chinks in China’s BRI ambitions

    The CPEC presents more chinks in China’s BRI ambitions

    China is increasingly bitter about the multi-pronged attacks on its projects, and personnel across Pakistan. Popular mood in Pakistan is increasingly tilting against the CPEC due to the high cost of loans, and the resultant debt-trap

  • G7 leaders unveil $600 billion plan to rival China's Belt and Road Initiative in developing nations

    G7 leaders unveil $600 billion plan to rival China's Belt and Road Initiative in developing nations

    In a move perceived as a response to China's Belt and Road Initiative, US President Joe Biden and other G7 leaders outlined ambitious plans to mobilise USD 600 billion in investment by 2027 to deliver transparent and game-changing infrastructure projects in developing nations like India.

  • The Eastern Window | How the West is fighting China’s Belt and Road

    The Eastern Window | How the West is fighting China’s Belt and Road

    The US, European Union and Great Britain have announced separate infrastructure development plans to counter China’s Belt and Road Initiative. These moves are more about geopolitical rivalry than business although they might prove to be of some benefit to India

  • The Eastern Window | Can China save its Belt and Road plan amid rising buyer’s remorse?

    The Eastern Window | Can China save its Belt and Road plan amid rising buyer’s remorse?

    Countries who are participating in BRI are increasingly wary of falling into a debt trap 

  • The dragon's growing footprint in India’s neighbourhood

    The dragon's growing footprint in India’s neighbourhood

    With the US withdrawing from Afghanistan, the situation is ideal for China to fill the power vacuum with the help of its all-weather ally Pakistan. Afghanistan’s natural resources, its strategic location and Beijing's own investments in the CPEC are big enough temptations. But will it work?

  • G7 plan to dislodge China as biggest source of infrastructure funding to benefit India

    G7 plan to dislodge China as biggest source of infrastructure funding to benefit India

    While parts of the G7 countries fund may later reach India through climate financing and sustainable development grants, officials say its biggest ripple effect will be in containing Chinese influence over India's traditional allies, who have increasingly veered towards Beijing following the Big Dragon's massive infrastructure investments

  • Pakistan unveils first metro line under China's Belt and Road Initiative amid mounting debt

    Pakistan unveils first metro line under China's Belt and Road Initiative amid mounting debt

    Beijing has invested more than $50 billion as part of the CPEC to upgrade infrastructure, power and transport links across Pakistan. Travel time across Lahore, a congested city with 11 million residents, has been cut to 45 minutes.

  • Japan’s Defence White Paper: New avenues for India-Japan defence cooperation?

    Japan’s Defence White Paper: New avenues for India-Japan defence cooperation?

    Japan’s limitations are high costs, inflexible procedures and being risk-averse, and it should be engaged to create a partnership based on an economic model leading to a value chain unique to India and Japan

  • Who is a beneficial owner? FDI recast negotiates many tricky bends

    Who is a beneficial owner? FDI recast negotiates many tricky bends

    It is not clear how the term beneficial owner should be interpreted under the new rules because of inference issues.

  • PBOC buying Indian equity – Should this bother our policymakers?

    PBOC buying Indian equity – Should this bother our policymakers?

    Past crises are proof that Chinese firms acquire discounted assets around the globe

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