Beijing has signed 20 new agreements with Nepal for infrastructure development under its Belt and Road Initiative, but the recent leak of a document suggesting that road expansion could result in the loss of hundreds of acres of land along Nepal's border with China has sparked protests, Nikkei reports.
In an effort to reduce traffic congestion, Jakarta recently opened service on the Indonesian capital's first light rail transit line, a key project in Indonesian President Joko Widodo's infrastructure modernization plans, which also include an intercity metro and China-funded high-speed railway between Jakarta and Bandung, Nikkei reports.
Debt sustainability risks are rising in the Asia Pacific region according to the International Monetary Fund, however, Chinese loans are not yet playing a significant role despite concerns sparked in Australia and the U.S. after China offered aid to the Solomon Islands following the switch of diplomatic ties from Taipei to Beijing, Nikkei reports.
The China-Pakistan Economic Corridor is of significant concern to India, which views the corridor as a violation of its sovereignty, according to India’s Minister of External Affairs Subrahmanyam Jaishankar. However, in an interview with Nikkei, Jaishankar did not criticize the broader Belt and Road Initiative, stating that each country has the right to its own policies.
In in effort to make the costly China-Pakistan Economic Corridor profitable, Islamabad is encouraging nearby countries like Iran and Saudi Arabia to participate in the initiative alongside China, Nikkei reports.
New Delhi has reached out to Sri Lanka's newly-elected president in an attempt to improve diplomatic ties. The move comes at a time when Sri Lanka is experiencing increased Chinese investment under Beijing's Belt and Road Initiative, Nikkei reports.
As the U.S. ban on sales to Huawei forces the company to turn to other suppliers, Huawei is increasingly looking to Japan for procurement and R&D collaboration, Nikkei reports.
March 11 - 13, CSIS will host a three-day Master’s-level introduction to China’s Belt and Road Initiative (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.
Spark, New Zealand's second-largest mobile carrier, has named Huawei as one of its preferred 5G vendors and intends to procure equipment from the Chinese company; however, New Zealand's government may still refuse to grant approval due to security concerns and U.S. pressure, Nikkei reports.
As the U.S.-China trade war drives Chinese enterprises and other companies to relocate, Southeast Asian countries are constructing industrial parks and using tax incentives to attract manufacturers. As a result, Chinese corporate investment in Thailand is expected to increase by 30 percent this year, and foreign direct investment in Malaysia roughly doubled, Nikkei reports.
Philippines' President Duterte has shelved a number of megaprojects, including two Chinese-financed deals, under his "Build, Build, Build" program due to feasibility concerns. Instead, the government hopes to pursue public-private-partnerships to fund Duterte's multi-billion-dollar infrastructure program.
As China comes under increased scrutiny over its global energy investments, Chinese authorities have announced a series of multilateral initiatives to “green” its Belt and Road initiative (BRI). While just recognizing the problem is a positive step for China, these initiatives are generally too voluntary to be effective, too duplicative to be adding value, and too opaque to be adequately assessed.
While the core focus of China’s Belt and Road Initiative (BRI) is on traditional infrastructure deployments, it is evident that the Digital Silk Road is a key part of the overall BRI strategy, and China will leverage technology to increase its influence along the route.
Belarus recently secured a $500 million loan from the China Development Bank and stopped negotiations on a possible loan from Russia. The agreement followed a series of investments under China's Belt and Road Initiative, including funds for Belarusian railways and the Great Stone Industrial Park, raising speculation that the Eastern European country is seeking to deepen ties with China and reduce its dependency on Moscow.
It is too early to know whether China's Belt and Road will bring change, but for now, locals in northeastern China appear uncertain about the initiative and skeptical of its promises.
U.S. officials announced the launch of the "Blue Dot Network" at the Indo-Pacific Business Forum in collaboration with Japan and Australia. The network will help the U.S. counter China's Belt and Road Initiative by advancing quality infrastructure investment.
Sri Lanka's Jaffna International Airport, which opened in October, received about $1.7 million in funding from India's Government, signaling that Sri Lanka's current administration is looking to countries other than China for infrastructure development assistance, Nikkei reports.
The development of the Millennium Highway, which links China to Russia through Mongolia, has catalyzed changes extending beyond Mongolia's aspirations for national, regional, and global connectivity. Through a series of local interviews, this new study by Dr. Alexander Diener and Dr. Batbuyan Batjav explores the intended and unintended consequences of Mongolia's efforts to build paved roads where none existed.
French president Emmanuel Macron will meet with Chinese president Xi Jinping in Shanghai ahead of the China International Import Expo. His visit follows the announcement of a new EU investment screening framework designed to shield European technology and infrastructure from growing Chinese influence.
Huawei’s “Safe City” products, including facial recognition and surveillance technology, have fueled concerns that China is exporting authoritarianism. A new dataset analyzes Huawei’s growing global footprint, questions the benefits its technology provides, and identifies issues for further research.
U.S. Exim Bank and Japan's state-backed Nippon Export and Investment Insurance have signed a deal enabling them to jointly mitigate export risks faced by Japanese-led energy and other infrastructure projects that have U.S. participation, Nikkei reports.
China rolled out commercial 5G services today, which are anticipated to add $2.4 billion and almost 20 million jobs to China's economy over the next ten years, Nikkei reports.
While Chinese carriers are expected to lauch the world's largest 5G network, on Thursday, Sony, NTT and Intel announced that they will form a partnership to work on 6G mobile network technology, to be announced around 2030. The three new partners want to establish an organization in the U.S. by next spring, reports Nikkei.
Questions of economic development, military power projection, political influence, and global economic suzerainty form the backdrop for what is emerging as a global competition centered on the most economically dynamic region of the world—Asia. And infrastructure development is at the center of that contest.
Commercial activity has increased at Sri Lanka's Hambantota Port since the controversial 2017 deal that gave China an 85% stake and 99-year lease, and China says it intends for the port to become a South Asia hub, Nikkei reports.
This new report by the Rhodium Group and Mercator Institute for China Studies takes stock of Europe’s toolkit for responding to market distortions spilling over from growing Chinese investment and other commercial linkages with Europe.
The U.S. Federal Communications Commission (FCC) will vote in November on whether to classify Huawei and ZTE as a national security risk, a decision that could block U.S. rural carriers from using FCC funding to purchase Huawei products or services.
Starting today in Beijing, China will begin brokering peace talks among rival Afghan factions in hopes of increasing stability in the region and furthering the reach of its Belt and Road Initiative in Central Asia, Nikkei reports.
A provincial government in the Solomon Islands has leased the island of Tulagi to China Sam Enterprise Group, a technology, investment, and energy conglomerate. The agreement grants the conglomerate wide-ranging powers to develop infrastructure on Tulagi and the surrounding islands and has drawn criticism from Solomons Attorney General as well as officials in the U.S. and Taiwan due to debt and legal concerns.
During a recent trip to Tokyo, Pakistan's President, Arif-ur-Rehman Alvi, expressed hope that both Japan and China will continue to invest in the country's infrastructure to help spur economic development, 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.
The provincial government of Sindh, Pakistan is looking to Japan for funding for the Karachi Circular Railway, previously funded through the China-Pakistan Economic Corridor, Nikkei reports.
In a speech at the World Internet Conference in Wuzhen, China, Chinese president Xi Jinping said that it is the common responsibility of the international community to develop, use, and govern the internet well. Xi's statement was made amid rising concerns that China is exporting a model of internet governance that promotes censorship to recipient countries of its Belt and Road Initiative, Nikkei reports.
Six years after Chinese president Xi Jinping announced the “Maritime Silk Road” Initiative, China is increasingly dominant in the maritime supply chain and the production activities that support it. This deeper maritime foundation brings commercial advantages during peacetime and could offer strategic advantages in the event of conflict. Congress has a vital role to play in addressing these challenges.
Huawei has struck deals to establish 5G infrastructure with over 50 wireless carries outside of China, highlighting its push to expand its digital infrastructure services to the rest of the world, 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.
China has encouraged local governments to raise more funding from the bond market than planned in 2019 to keep them investing in infrastructure, despite an uncertain economic outlook, 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.
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.
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.
The U.S. has blacklisted over 20 percent of Huawei's global R&D and innovation centers, further limiting the company's access to U.S. technologies, 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.
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.
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.