Taiwan's pitch to build Asian government infrastructure has led to a rise in contracts from four in 2015 to 20 last year, including on metros and roads in Indonesia, Malaysia, Singapore, the Philippines and Vietnam, Nikkei reports
China looks to increase infrastructure investment to underpin its slowing economy by issuing infrastructure bonds initially slated for 2020 ahead of schedule, Nikkei reports.
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.
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.
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.
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.
As Huawei is in hot water in the U.S for security concerns, experts warn that other surveillance companies pose similar risks through utilizing surveillance technologies, such as Chinese facial recognition trailblazer SenseTime, reports Nikkei.
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.
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.
In a push to showcase their global economic reach and drive infrastructure development, India and Indonesia are beginning to advertise bids for the 2032 Olympics, 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.
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.
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.
An Australian and U.S. consortium are in exclusive talks to renovate the Subic Bay shipyard in the Philippines, a former U.S. naval base that opens up to the South China Sea, allaying fears over national security that were triggered by Chinese interest in acquiring the port, Nikkei reports.
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.
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.
On Thursday, July 18, the CSIS Energy & National Security Program hosted a conference featuring keynote remarks by Frank Fannon, Assistant Secretary for the Bureau of Energy Resources at the U.S. Department of State, and Senator Cory Gardner on engaging with Asia to develop mutually beneficial digital infrastructure and energy investment.
Foreign investment, led by China, in transportation and telecommunications quadrupled to $1 billion in the last six months as Myanmar approved a number of infrastructure projects, Nikkei reports.
If the United States and its allies want to prevent China from dominating next-generation technologies and networks, they must incentivize Western companies to take greater risks in next-generation markets.
India is assessing the security of Chinese firm Huawei's telecommunications equipment as it builds a national 5G network. Despite Huawei's assurances, Indian officials remain worried that the firm's close ties to the Chinese government could allow Chinese intelligence services to exploit vulnerabilities in its technology, reports Nikkei.
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.
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.
Two U.S. lawmakers on the Senate Intelligence Committee on Thursday urged the Trump administration to step-up its criticism of Huawei's products, expressing "deep concern" that the administration may make concessions on Huawei when negotiating a trade deal with China, reports the Nikkei Asian review.
Huawei's intellectual property chief has demanded Verizon Communications pay the Chinese firm for intellectual property licensing fees on network infrastructure and equipment, as well as "internet of things" technology, reports Nikkei.
South Korea, the U.S. and Japan lead the rollout of 5G networks, but industry leaders say that applications designed to use the next-generation technology are years away, reports the Nikkei Asian Review.
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.
Huawei is set to sell its underseas cable business to Hengtong Group, another Chinese national champion with military ties. Rather than limiting the fallout from Huawei's addition to the U.S. Commerce Department's entities list, the sale might simply spread the damage by putting Hengtong in U.S. crosshairs, writes Jonathan E. Hillman for Axios.
Critics of China's Belt and Road Initiative caution that the project stokes corruption, harms the environment, creates financial dependencies and extends Chinese military power. Writing for The Washington Post, Jonathan Hillman tackles five myths that have been fueled by the ambiguity of China's ambitious Belt and Road Initiative.
Malaysian Prime Minister Mahathir Mohamad said his country would use Huawei equipment "as much as possible" in Malaysia's 5G network, despite U.S. warnings that it is not secure, reports the Nikkei Asian Review.
Cambodia and other nations across Southeast Asia are emerging as vital staging grounds for a new form of power struggle between China and its rivals. The growth of Beijing's vast Belt and Road Initiative since 2013 has galvanized the U.S. and its allies -- including Japan, India and Australia -- and prompted them to draw up infrastructure and security programs of their own, writes Gwen Robinson for the Nikkei Asian Review
Chinese telecom giant Huawei's strides in undersea cables, a critical component of telecom infrastructure, is raising alarm in the U.S., Japan, and Australia. Huawei is said to be involved in around 30 undersea cable projects at the moment, Nikkei reports.
Huawei, Ericsson, and Nokia are locked in intense competition to dominate the age of 5G telecoms, writes The Financial Times, citing data from the Reconnecting Asia Project.
China Mobile, the world's largest mobile service provider by subscribers, expects to secure a license for commercial 5G services later this year. The company is closely watching developments related to U.S. restrictions on telecommunications equipment from Huawei Technologies, which is expected to play a crucial role in the rollout of 5G, reports the Nikkei Asian Review.
This episode of the ChinaPower's podcast investigates the evolving political and economic circumstances surrounding Chinese telecommunications company Huawei and its attempts to integrate its technology in global markets.
Even as Huawei faces resistance in Western airwaves, it is racing ahead under the world’s seas in a commercial contest that could eventually provide China with strategic advantages.
Last month, the Thai junta issued an order granting loan extensions of 60 million baht to three major telecom operators to stimulate 5G rollout. However, the loan extensions may not be enough to prod the companies into action, as 5G development could wind up costing as much as 100 billion baht, reports Nikkei.
The signing of an MoU during a March 22-24 by Chinese president Xi Jinping has made Italy the first G7 nation to join China's sprawling Belt and Road Initiative, but Rome will be wise to devote sustained long-term resources to the negotiation, implementation, and follow-up of whatever comes out of these memoranda to avoid the mistakes of other BRI partners.
China’s hostile economic practices, military expansion, and coercive political and ideological tactics in Africa should not be ignored. However, establishing a clear distinction between detrimental and essential BRI engagement is crucial to fostering development, building common ground with China, and expanding the global market.
China's Belt and Road (BRI) has taken a beating, but its central feature of big infrastructure projects will remain recognizable for years to come.
The United Kingdom's National Security Council has barred Huawei Technologies from supplying equipment for sensitive "core" components of its 5G network. However, Prime Minister Theresa May has accepted the National Cyber Security Center's conclusion that the risk from Huawei's participation can be mitigated, and thus will allow the company to contribute equipment to "non-core" parts of the network, reports Nikkei.
Over the next 15 years, more hard infrastructure is projected to be built around the world than currently exists. As our infrastructure is transformed, so will be the economies it fuels, the regions it connects, and the global commons it underpins. These trends are too powerful and potentially beneficial for the United States to stop, and too consequential to ignore.
China's foreign minister Wang Yi pressed the Japanese government to reverse a ban on Huawei from competing for Japan's 5G procurement contracts. This development comes as the Chinese government steps in to defend Huawei against a campaign by the United States pushing allies to exclude the company's equipment from their 5G networks out of national security concerns, reports Nikkei.
Germany’s telecoms regulator has given the clearest signal yet that equipment maker Huawei will not be excluded from the country’s 5G network roll-out, despite fierce pressure from the US to shut out the controversial Chinese supplier for security reasons, reports the Nikkei Asian Review.