When it was launched, China heralded its Belt and Road Initiative as a “golden opportunity” to revitalize the region, but today it has raised serious concerns about debt sustainability, drawing scrutiny from the IMF. One way for Beijing to demonstrate its commitment to addressing the IMF's concerns is by partnering to develop more sustainable and transparent lending practices.
A Japanese-led consortium of international banks will jointly lend $1.31 billion for a thermal power station in West Java, Indonesia fueled by liquefied natural gas.
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.
Asia and the Pacific have made great strides in deveopment over the past 50 years, however much remains to be done. Issues such as poverty and vulnerability, rising inequality, climate change, growing environmental pressures, and large infrastructure deficits remain to be addressed while merging trends, such as technological advancements, urbanization, and changing demographics, present opportunities and challenges
The head of the Asian Development Bank has warned countries against unsustainable borrowing to fund infrastructure projects, which could lead to debt traps and repayment trouble.
On November 30th the CSIS Energy and National Security Program hosted "Hydrogen and Green Shipping: Zero Emission Fuel in the Maritime Sector" to discuss the important role that hydrogen fuel technology could play for shipping in the transition to a low-carbon future.
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.