Entries tagged "Development"

  • View All Analysis | March 31, 2021, 9:39 a.m.

    Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the world's evolving digital infrastructure competition, and the stakes for U.S. policy.

  • Powering the Korean Peninsula | March 17, 2021, 3:45 p.m.

    This series of case studies underscores the poor state of North Korea’s existing energy infrastructure, illustrates different models for delivering projects, and considers the strategic implications of different paths forward for the peninsula's energy connections.

  • Securing the Subsea Network: A Primer for Policymakers | March 9, 2021, 10:54 a.m.

    Subsea cables are the world’s information super-highways. This guide for policymakers describes how these essential systems work and offers recommendations for advancing U.S. economic and strategic interests.

  • Red Flags: Triaging China's Projects in the Western Balkans | March 2, 2021, 11:18 a.m.

    This report, the third in a series on Chinese economic activities in the Western Balkans, provides recommendations for U.S. and partner responses to China's growing economic and political influence in the region and a “red flags” checklist to help identify activities that warrant further scrutiny.

  • BRI Boosts China's Wind Leadership | Nov. 11, 2020, 10:45 a.m.

    The expansion of China’s Belt and Road Initiative in Central Asia suggests that Chinese manufacturers may soon become world leaders in wind energy with the help of government subsidies, Nikkei reports.

  • Malysia Drafts $3.6B Infrastructure Plan | Nov. 6, 2020, 9:50 a.m.

    Malaysian prime minister Muhyiddin Yassin has proposed a $3.6 billion infrastructure development plan as part of the government's new budget intended to stimulate the economy in the wake of the Covid-19 pandemic, Nikkei reports.

  • Xi Promotes BRI for Global Cooperation | Oct. 14, 2020, 9:27 a.m.

    During a recent speech commemorating China's Shenzhen Special Economic Zone, Chinese president Xi Jinping promoted the Belt and Road Initiative (BRI) as a pathway to global collaboration and named the city as a driver of China's innovation and technology ambitions.

  • U.S. Must Turn China's Environmental Destruction to Its Advantage | Oct. 8, 2020, 9:29 a.m.

    Chinese President Xi Jinping surprised the world in late September by announcing that China would become carbon neutral by 2060. But this promise will amount to little if Xi's signature foreign policy vision, the Belt and Road Initiative, continues exporting China's environmental challenges globally. China's poor environmental record abroad presents a strategic opportunity for the U.S., if only Washington would seize it.

  • The AIIB's Risky Pandemic Response | Aug. 20, 2020, 2:38 p.m.

    The Asia Infrastructure Investment Bank's (AIIB) response to Covid-19 may determine its emerging role in development finance, for good or ill. While it has responded quickly and substantially to the pressing needs of its members, these actions risk contributing to debt risks, institutional overreach, and perceived favoritism towards Beijing.

  • Xi Plugs AIIB as Cooperation Model | July 28, 2020, 9:13 a.m.

    Chinese president Xi Jinping proposed on Tuesday to restructure the Beijing-led Asian Infrastructure Investment Bank (AIIB) into an inclusive platform for the promotion of international cooperation and multilateralism amid the coronavirus pandemic, Nikkei reports.

  • Bangladesh Taps Reserves for Infrastructure | July 13, 2020, 8:17 a.m.

    The Covid-19 pandemic has threatened Bangladesh's record of strong economic growth over the past decade which has caused the government to consider new sources of infrastructure development financing, including foreign remittances and foreign reserves, but the International Monetary Fund has urged caution, Nikkei reports.

  • China Invests in Colombo Port | July 10, 2020, 8:06 a.m.

    Sri Lankan President Rajapaksa announced that his government plans to strengthen Chinese investment in the Colombo port, straining relations with India, who was originally authorized to develop and use the new East Container Terminal, Nikkei reports.

  • India Blocks Chinese Highway Deals | July 2, 2020, 9:10 a.m.

    India's highways minister said on Wednesday the country "will not give permission to joint ventures that have Chinese partners for road construction" following the military clash in the Himalayas, Nikkei reports.

  • India, China Disengage in Himalayas | June 23, 2020, 9:06 a.m.

    India and China on Tuesday agreed to withdraw from a tense standoff along disputed Himalayan territory that started in response to India's construction activity near the border, Nikkei reports.

  • ADB: Developing Asia's Growth Slowing | June 18, 2020, 7:11 a.m.

    The Asian Development Bank announced that the region is only expected to grow by 0.1 percent this year, the slowest rate since 1961 and a further deterioration from the 2.2 percent projection in April following the spread of the Covid-19 pandemic, Nikkei reports.

  • Coronavirus stalls Belt and Road Projects | June 17, 2020, 7:01 a.m.

    A new report released by analytics company Refinitiv on Tuesday showed a 15.6% drop in the number of new BRI projects announced in the first quarter of this year, compared with the same period in 2019. The value of the projects slid from $386.08 billion to $137.43 billion over the same period, Nikkei reports.

  • Nepal Weighs U.S., China Aid | June 11, 2020, 7:09 a.m.

    U.S. promises of aid to Nepal have some political officials there worried that such aid could damage the country's blossoming relations with China and its Belt and Road Initiative, Nikkei reports.

  • Indonesia Seeks U.S. Investment | June 9, 2020, 7:12 a.m.

    Indonesia is in talks with the U.S. to relocate U.S.companies operating in China to the archipelago, as businesses and governments worldwide look to diversify supply chains in the wake of covid-19, Nikkei reports.

  • China Prioritizes Projects over Environment | June 2, 2020, 7:09 a.m.

    China, the world's biggest emitter of greenhouses gases, pledged to cut "carbon intensity" as part of the Paris Pact it signed in 2015. But China may struggle to meet its climate pledges this year as it turns to heavy industry and carbon-intensive projects to shore up its coronavirus-stricken economy, Nikkei reports.

  • Laos Struggles with China Debt | June 1, 2020, 6:54 a.m.

    The coronavirus pandemic could have serious impacts on economic growth in Laos, which is already struggling due to significant debt taken on to finance a large range of Chinese-backed infrastructure projects, Nikkei reports.

  • Bangladesh Seeks Multilateral Lending | April 13, 2020, 9:46 a.m.

    Bangladesh is seeking $700 million in emergency financing from the International Monetary Fund in addition to budget support from multilateral banks including the World Bank, the Asian Development Bank, and the Asian Infrastructure Investment Bank, Nikkei reports.

  • Building the Future of Quality Infrastructure | April 2, 2020, 10:29 a.m.

    Infrastructure is crucial for fostering countries’ economic development and prosperity. This collection of policy briefs discusses how to maximize the impact of quality infrastructure investments through sustainable financing and other resilient strategies to support the 2030 Sustainable Development Goals, the Paris Agreement, and the Aichi Biodiversity Targets.

  • China's "Health Silk Road" Gets a Boost from COVID-19 | March 27, 2020, 9 a.m.

    While the COVID-19 epidemic has spread along the routes of China's Belt and Road Initiative (BRI), those same corridors are being used to provide medical support as Beijing attempts to position itself as a global leader in healthcare—a move which Chinese President Xi Jinping calls the “Health Silk Road.”

  • China to Build Myanmar Port | Jan. 21, 2020, 9:35 a.m.

    China and Myanmar signed 33 agreements during President Xi's visit to the Southeast Asian country, including a deal for the construction of a deep-sea port at Kyaukphyu Special Economic Zone, which will give China access to the Indian Ocean, Nikkei reports.

  • India Woos Sri Lanka Post-Election | Nov. 22, 2019, 9:26 a.m.

    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.

  • ADB President on the Future of Asia | Oct. 16, 2019, 10:33 a.m.

    On October 16th, CSIS Senior Vice President and Simon Chair in Political Economy, Matthew P. Goodman, hosted Asian Development Bank President Takehiko Nakao for a conversation about quality infrastructure in Asia, China's Belt and Road Initiative, and more.

  • Philippines Banks on Infrastructure | Sept. 24, 2019, 9:48 a.m.

    Philippines president Rodrigo Duterte has pushed national spending on infrastructure projects in hopes of creating an economic boom, though this model also carries risks, Nikkei reports.

  • Pakistan Slows BRI Projects | Sept. 9, 2019, 9:42 a.m.

    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.

  • The Other Infrastructure Gap: Sustainability | Sept. 3, 2019, 11:29 a.m.

    Drawing from academic literature, evaluations, and technical consultations, this report analyses human rights and environmental impacts at the project and macroeconomic level to give recommendations on how to mitigate the potential risks infrastructure investment can pose for achieving equality, human rights, and the environmental sustainability.

  • Vietnam Eyes Renewable Infrastructure | Aug. 26, 2019, 9:37 a.m.

    Vietnam's demand for energy has grown at 13 percent per year since 2000. Traditionally, Vietnam has satisfied this demand with electricity generated by coal and hydropower. Moving forward, Vietnam is seeking to attract investment in renewable energy infrastructure, such as wind and solar, Nikkei reports.

  • Indonesia Budgets $178B for Infrastructure | Aug. 23, 2019, 9:48 a.m.

    Indonesian president Joko Widodo’s new $178 billion budget prioritizes physical infrastructure development in hopes of propelling Indonesia into the G-7, Nikkei reports.

  • India's Digital Infrastructure Gap | Aug. 14, 2019, 9:57 a.m.

    While Prime Minister Narendra Modi has emphasized improving India's infrastructure, the vast majority of Indian households lack access to the infrastructure needed to participate in the digital economy, highlighting a substantial obstacle to further economic growth, Nikkei reports.

  • India's Infrastructure: $700B Needed | Aug. 5, 2019, 9:51 a.m.

    India needs an estimated $700 billion to repair and upgrade its basic infrastructure by 2022 to sustain economic development, Nikkei reports.

  • Xi Touts BRI Nuclear Energy | Aug. 2, 2019, 12:27 p.m.

    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.

  • BRI's Opportunity in Pacific Partnership | July 24, 2019, 9:12 a.m.

    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.

  • G20 Osaka Debrief: Quality Infrastructure | July 17, 2019, 9:58 a.m.

    On June 28-29, government leaders representing 85 percent of the global economy convened for the fourteenth G20 Summit in Osaka, Japan. In the wake of the meeting, the CSIS Simon Chair in Political Economy hosted experts including Japan's ambassador to the G20, Koji Tomita, to discuss major outcomes, including China's endorsement of the G20 Principles for Quality Infrastructure Investment.

  • AIIB Courts Private Capital | July 16, 2019, 8:17 a.m.

    The Asian Infrastructure Investment Bank (AIIB) is courting private sector investors to jointly fund infrastructure projects, Nikkei reports.

  • AIIB Misses Lending Goal | July 15, 2019, 9:55 a.m.

  • Fear Won’t Stop China’s Digital Silk Road | July 12, 2019, 1:52 p.m.

    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.

  • AIIB Mitigates Infrastructure Investments' Risks | July 12, 2019, 9:57 a.m.

    The Asian Infrastructure Investment bank will begin lending in local-currencies in India, Indonesia, Thailand, Turkey, and Russia. The move mitigates the risks foreign exchange fluctuations pose to private-sector companies investing in emerging markets' infrastructure, reports the Nikkei Asian Review.

  • China Fuels Cambodian Construction | July 11, 2019, 10:01 a.m.

  • Achieving Sustainability through Quality Infrastructure | June 27, 2019, 12:06 p.m.

    It is critical that public-sector officials responsible for infrastructure development—both at the local and national levels—commit to transparent practices to secure sustainable financing mechanisms.

  • Xi, Abe Talk Infrastructure Cooperation | June 27, 2019, 9:07 a.m.

  • China Nears 5G Rollout | June 4, 2019, 9:38 a.m.

    China's Ministry of Industry and Information Technology is expected to issue 5G licenses to the state-owned China Mobile, China Telecom, and China Unicom as early as this month, accelerating the country's 5G rollout, reports the Nikkei Asian Review.

  • G-20 to Sign Infrastructure Guidelines | June 3, 2019, 9:17 a.m.

    At this week's Group of 20 meeting in Japan, finance ministers and central bankers are expected to sign sustainable infrastructure investment guidelines to help prevent developing economies from taking on dangerous amounts of debt, reports the Nikkei Asian Review.

  • Five myths about China’s Belt and Road Initiative | May 31, 2019, 12:41 p.m.

    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.

  • Beijing Shoulders BRI Debt | May 23, 2019, 9:34 a.m.

    Belt and Road recipients are pushing to re-negotiate loan terms with Chinese banks, potentially shifting more of the BRI's financial burden on Beijing. As China's investments grow in Belt and Road countries, it risks losing its bargaining power as its sunk costs rise, reports Nikkei.

  • China Repairs BRI Partnerships | May 13, 2019, 9:10 a.m.

    Beijing is striking a conciliatory tone abroad to repair ties with Belt and Road partners, particularly in Southeast Asia where negotiations with Chinese companies over halted infrastructure projects are restarting, Nikkei reports.

  • Japan's G20 Infrastructure Push | May 8, 2019, 10:22 a.m.

    As this year's host of the Group of 20 countries, Tokyo is taking the opportunity to push a novel idea: quality infrastructure investment, or QII, reports the Nikkei Asian Review.

  • ADB to Limit China Funding | May 3, 2019, 9:06 a.m.

    The Asian Development Bank's President, Takehiko Nakao, has said the ADB is limiting the amount of funding it provides to China. Nakao noted that China is "becoming a country that can raise money by issuing its own debt" through projects such as the Belt and Road Initative, reports the Nikkei Asian Review