When Xi Jinping's visits Nepal this weekend, a proposed 72-km railway between Kyirong in Tibet and Kathmandu is likely to dominate the agenda, Nikkei reports.
China's Belt and Road Initiative has led to an increase in infrastructure investment in Serbia, and this past month Serbia purchased Chinese military equipment and Huawei security infrastructure as well, signalling a growing partnership between the two countries, Nikkei reports.
Chinese contractors earned over $118 billion in overseas construction sales last year, nearly a quarter of the year's international construction revenue. This is largely related to Chinese construction companies involvement in the Belt and Road Initiative, Nikkei reports.
A Chinese delegation was in Balochistan, Pakistan early in September, attempting to speed up progress on China-Pakistan Economic Corridor projects, which have moved slowly due to governmental and local criticism in Pakistan, Nikkei reports.
Amidst discussions over the liabilities and feasibility of a $9.9 billion price tag, the Thai government has delayed a high-profile Chinese Belt and Road high speed railway project.
As some Kazakhs express dissatisfaction with increased infrastructure investment from China, Kazakh analysts warn that transparency is necessary for success of projects, Nikkei reports.
Pakistan's policymakers have cited financial pressures and the need to balance ties between China and the U.S. as the reasons behind slow progress on The China-Pakistan Economic Corridor, Nikkei reports.
China's Belt and Road Initiative presents potential opportunities for India to upgrade its roads, rail networks, and ports through bridging its saving-infrastructure gap, Nikkei reports.
Descriptions of China’s Belt and Road Initiative (BRI) often center on China’s agency in other countries—its investments, loans, and even soft-power. However, Azerbaijan’s Baku International Sea Trade Port in Alat, a retroactively labeled “BRI” infrastructure project, is anything but centrally controlled by China.
Ukraine has been a key country in China's Belt and Road Initiative, and China hopes to deepen its relationship with the ex-Soviet country. This competes with U.S. efforts to gain influence in Eastern Europe, Nikkei reports.
Leaders from Japan and Africa on Friday agreed on the need for infrastructure development that accounts for a country's ability to pay off debt, a veiled reference to China's Belt and Road Initiative, Nikkei reports.
Djibouti Ports and Free Zones Authority is hoping to diversify its sources of funding away from China as it seeks $11 billion in investment for infrastructure upgrades and new facilities, says the company's Chairman.
Philippine president Rodrigo Duterte and Chinese president Xi Jinping plan to sign deals for infrastructure and funding support from China's Belt and Road Initiative during Duterte's visit to Beijing this week, Nikkei reports.
Japan is encouraging its companies to work with African startups in a push to boost its national profile on the continent and compete with Chinese investment under its Belt and Road infrastructure initiative, Nikkei reports.
Southeast Asia is proving to be a hotbed for China's Belt and Road Initiative according to two new reports, with Indonesia, Cambodia, Singapore, and Vietnam topping the list of countries with the most contracts and investment out of an estimated $11 billion in the region overall in the first half of 2019, Nikkei reports.
The government of Pakistan has announced plans to set up a new body, the China-Pakistan Economic Corridor Authority, to expedite projects under China's Belt and Road Initiative, Nikkei reports.
This spring, when the International Monetary Fund approved a $6 billion bailout for Pakistan, an invaluable opportunity was missed to push for greater transparency of China’s Belt and Road Initiative by not requiring project contracts for the China-Pakistan Economic Corridor—a significant source of Pakistan’s debt—to be made public.
The China Railway Express, part of the Belt and Road Initiative, has replaced the Trans-Siberian Railway as the main rail network connecting Asia and Europe.
In August, Ankur Shah and Vivek Pisharody departed on a 4,300km expedition along the China-Russia border to explore the regional impacts of China's multi-billion-dollar infrastructure initiative, the Belt and Road. Follow their progress in real-time on the interactive map below.
Japan has pledged to invest $2.84 billion in Africa's infrastructure to encourage transparency, in what some have interpreted as a response to corruption allegations linked to China's Belt and Road Initiative.
As China increases its presence in South and Southeast Asia through its Belt and Road Initiative, India attempts to keep up by pushing similar connectivity projects in the region, Nikkei reports.
While Belt and Road Initiative infrastructure projects have sparked concerns in recipient countries, the shift of Chinese manufacturing overseas has been embraced when it comes with technology transfer and job creation for locals, Nikkei reports.
September 11 - 13, CSIS will host a three-day Master’s-level introduction to China’s BRI. The course will explain what the BRI is, what it is not, and how it is impacting commercial and strategic realities on the ground.
While the U.S. has raised concerns over China’s port investments under its Belt and Road Initiative, Chinese analysts argue that the developments are driven by logistical concerns as China pursues the same maritime policies as other trading nations, rather than military motivations, Nikkei reports.
In this episode, the Trade Guys and Andrew discuss the Trump administration's designation of China as a currency manipulator. They also welcome a special in-house guest, Jonathan Hillman, who is a senior fellow with the CSIS Simon Chair in Political Economy and directs the Reconnecting Asia Project. Reconnecting Asia tracks new roads, railways, ports, and other infrastructure projects
A proposed $10 trillion "Development Green New Deal" recently put forward in the U.S. would fund green infrastructure projects in Asia and elsewhere that could compete with China's Belt and Road Initiative, Nikkei reports.
The China National Nuclear Corp. finished structural work for the Hualong One nuclear reactor in the Pakistani city of Karachi this June. Chinese President Xi Jinping hopes to install similar nuclear technology at more locations along the Belt and Road Initiative, with 30 units by 2030, which is estimated to create 5 million jobs and provide a total economic boost of $145 billion, Nikkei reports.
Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the Competing Visions of Japan, India, and other regional powers, and the stakes for U.S. policy.
Xi Jinping's signature foreign policy vision, the Belt and Road Initiative, is a long-term strategy to make China the center of the global economy. Can China deliver on its ambitious plans? CSIS Reconnecting Asia Director Jonathan Hillman explains what's happening with China's Belt and Road Initiative.
Germany lowered its national maximum foreign investment threshold from 25 to 10 percent in December, in part due to rising concerns over growing Chinese investment in digital and other infrastructure across Europe.
Through means, motive, and opportunity, China's expanding economic footprint and political avenues of influence in the Western Balkans have deepened and widened with profound implications for the region’s economic development and long-term dependency.
As Russia and China sign economic agreements and deepen their ties, they will also have to work through friction caused by China’s economic advancement under the Belt and Road in Central Asia, Nikkei reports.
Malaysia has relaunched the East Coast Rail Link after re-negotiations with China led to The Export Import Bank of China backing 85% of the cost. The project price is now $11 billion, a third of the original expected amount, reports Nikkei.
China's National People's Congress' new foreign investment law could pave the way for China to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and allow China to increase the Belt and Road Initiative's footprint in signatory countries, Nikkei reports.
A senior Pentagon official has suggested that China may be developing a military presence at Ream naval base in Cambodia, raising concerns that the port and other investments related to China's Belt and Road Initiative could create potential military advantages, Nikkei reports.
By traveling the length of China's 4,300 km border with Russia, Ankur Shah aims to understand what China's Belt and Road Initiative means for daily life along on the border.
Despite infrastructure development and employment opportunities generated under the Belt and Road Initiative, there are growing concerns and anti-Chinese sentiment among Cambodians, especially after the collapse of a Chinese-funded apartment construction project that left 28 dead on June 22, 2019, reports Nikkei Asian Review.
Supporters of the China-Pakistan Economic Corridor have long argued that the initiative would spur development and improve Pakistan’s macroeconomic fortunes. As Pakistan faces its thirteenth IMF bailout in the last thirty years, it is clear that without serious reforms, the debt incurred to fund CPEC could do more economic harm than good.
Japan will announce a new plan for Mynamar's Dawei special economic zone that focuses on building a port that will export to India. The proposal comes as China is building and financing Kyaukphyu port, increasing its economic influence in the country, reports Nikkei.
In a meeting with Xi Jinping in Beijing on Tuesday, Turkey's Prime Minister, Recep Tayyip Erdogan, expressed interest in deepening cooperation with China on its Belt and Road Initiative, including in the areas of infrastructure and defense in Central Asia and Africa, Nikkei reports.
The freight unit of Germany's state-owned railroad group Deutsche Bahn plans a major increase in capacity for China-bound shipments, counting on continued support for overland transport under China's Belt and Road connectivity project, reports Nikkei Asian Review.
Government-backed lenders in Japan, the U.S., and Australia plan to issue a statement on their joint infrastructure efforts, including possible joint-financing for an liquefied natural gas terminal in Papua New Guinea. The three countries agreed in November to collaborate on infrastructure projects in the Indo-Pacific as an alternative to China's Belt and Road initiative, according to the Nikkei Asian Review.
Cambodia's real estate sector is facing scrutiny after a construction project being developed under China's Belt and Road Initiative collapsed. The Cambodian Prime Minister Hun Sen announced that an investigation will take place, but denied allegations linking the tragedy to heavy Chinese investment and ongoing corruption, reports the Nikkei Asian Review.
BRI 2.0 represents an opportunity for Southeast Asia to enter the next phase of growth. China's commitment to transparency could usher a new era of partnerships that benefit multiple parties, writes David Liao for Nikkei Asian Review.
Pakistan will slash spending on BRI projects in the next year as the government struggles to balance its finances. These budget cuts arrive amid growing recognition from Beijing of the complications involved with Pakistan and other nations incurring heavy debt to finance BRI projects, reports Nikkei.
Newly seated World Bank President David Malpass says the multilateral organization is working hard to ensure Beijing improves transparency in lending to countries involved in its Belt and Road Initiative, Nikkei reports.
Forming the backbone of China’s “Maritime Silk Road,” investments in African ports provide a gateway to the region’s trade and economic development, empower China with political leverage and clout on the continent, and provide a foothold for People’s Liberation Army Navy activities.