The talks come as China grows increasingly frustrated with Pakistan’s failure to protect Chinese citizens, engineers, and investments from repeated militant attacks.
New research shows Beijing committed more than $200 billion to overseas energy, infrastructure and resource projects last year as it moved to secure supply chains and expand its global economic reach.
Notably, India has not endorsed the BRI in any previous SCO meetings and summits.
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
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.
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.
The BRI has raised global concerns over China’s debt diplomacy of extending huge loans to smaller countries for unsustainable infrastructure projects.
The massive infrastructure initiative has granted Beijing additional influence, but critics question whether the cost has been worth it
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.
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
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 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