Entries tagged "News"

  • Xi Talks Tibet railway in Nepal | Oct. 9, 2019, 8:45 a.m.

    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.

  • Pakistan PM Backs CPEC in Beijing | Oct. 7, 2019, 9:46 a.m.

    Pakistan's Prime Minister, Imran Khan, is due to speak at a high profile China-Pakistan business forum on Tuesday where he is expected to reaffirm his country's openness to Chinese investment. His two-day visit to Beijing comes amid uncertainty over the future of projects under the $62 billion China-Pakistan Economic Corridor, Nikkei reports.

  • Taiwan Expands New Southbound Policy | Oct. 4, 2019, 9:32 a.m.

    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 Expands BRI in Serbia | Oct. 3, 2019, 9:35 a.m.

    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.

  • Huawei Expands Beyond China | Oct. 2, 2019, 9:30 a.m.

    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.

  • Many Japanese Companies Using Huawei | Oct. 1, 2019, 10:43 a.m.

    In a recent poll of 50 major Japanese companies, 80 percent reported that they are using Huawei, despite international concern about security risks. This statistic does not take into account the many companies which declined to respond, Nikkei reports.

  • $83B Japanese Rail Line Delayed | Sept. 30, 2019, 10:19 a.m.

    The timetable for an $83 billion project to build an ultrafast magnetic-levitation rail line between Tokyo and Nagoya has been delayed due to environmental concerns, Nikkei reports.

  • Singapore Named Top AI City | Sept. 26, 2019, 9:40 a.m.

    In a new report, Singapore has been named the number one city in the world for artificial intelligence, based on infrastructure, innovation, and government awareness of potential social issues which stem from AI, Nikkei reports.

  • 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.

  • Canada Invests in Indonesian Infrastructure | Sept. 23, 2019, 10:20 a.m.

    Canada Pension Plan Investment Board (CPPIB) has purchased a 45 percent stake in the 117 kilometer-long Cikopo-Plimanan Toll Road project, highlighting CPPIB's commitment to the Asia-Pacific region, Nikkei reports.

  • Nepalese Hydropower Exports Face Challenges | Sept. 20, 2019, 12:54 p.m.

    With a potential hydropower capacity of at least 40,000 megawatts from its Himalayan rivers, Nepal is looking to export some of its excess hydropower energy to its neighbors. However, rocky relations between Kathmandu and New Delhi, along with domestic unrest in Nepal have put these plans in doubt, Nikkei reports.

  • BRI Boosts Construction Revenue | Sept. 19, 2019, 10:44 a.m.

    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.

  • China Eyes Accelerating Infrastructure Spending | Sept. 18, 2019, 10:39 a.m.

    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 Attempts to Accelerate CPEC | Sept. 17, 2019, 10:18 a.m.

    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.

  • Kickstarting Asian Water Infrastructure | Sept. 16, 2019, 9:53 a.m.

    Many Asian cities, such as Jakarta and Bangkok, are threatened by rising sea levels. Unless delayed water infrastructure projects are accelerated, large sections of these cities will be underwater in the near future, Nikkei reports.

  • China Encourages Local Infrastructure Investment | Sept. 13, 2019, 10:36 a.m.

    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.

  • Thai BRI Rail Delayed | Sept. 12, 2019, 10:28 a.m.

    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.

  • Kazakhstan Advocates BRI Transparency | Sept. 10, 2019, 9:59 a.m.

    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 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.

  • Cambodia Adopts Huawei 5G | Sept. 5, 2019, 9:34 a.m.

    The push to launch 5G services in Cambodia has gained speed with the country's decision to use Huawei to build it's 5G base stations, despite scrutiny of the tech giant, Nikkei reports.

  • Widodo Launches Plan for New Capital | Sept. 4, 2019, 9:33 a.m.

    Indonesian president Joko Widodo has announced the location of Indonesia's new capital in East Kalimantan Province, the Indonesian part of Borneo island, amid concerns about mounting pollution and traffic congestion in Jakarta. Widodo has said that the capital will be green, with the latest ICT and smart city technology, however the nation remains divided over whether the costly relocation is necessary, Nikkei reports.

  • China Funds BRI Links in Ukraine | Sept. 3, 2019, 11:01 a.m.

    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.

  • Japan, Africa Promote Sustainable Infrastructure | Aug. 30, 2019, 9:03 a.m.

    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 Seeks $11B for Ports | Aug. 29, 2019, 12:17 p.m.

    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.

  • Duterte, Xi Talk Infrastructure | Aug. 28, 2019, 9:17 a.m.

    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 Boosts Africa Ties | Aug. 27, 2019, 10:17 a.m.

    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.

  • 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.

  • SE Asia Draws BRI Investment | Aug. 22, 2019, 11:03 a.m.

    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.

  • Indonesia: New Capital May Impact Infrastructure | Aug. 16, 2019, 9:30 a.m.

    Indonesian president Joko Widodo has formally proposed to move the country's capital to Borneo. However, critics question the feasibility of developing a new capital city while the country simultaneously pursues Widodo's signature $400 billion infrastructure plan, which centers mainly in Java, Nikkei reports.

  • Tech Transfer, Local Labor Aid BRI | Aug. 12, 2019, 9:49 a.m.

    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.

  • Concerns Arise About AI Companies | Aug. 9, 2019, 11:23 a.m.

    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.

  • China: BRI Natural Chinese Path | Aug. 8, 2019, 10:01 a.m.

    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.

  • U.S. Pitches Asia Green New Deal | Aug. 7, 2019, 9:38 a.m.

    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.

  • 2032 Olympic Bids Seek Infrastructure | Aug. 6, 2019, 10:39 a.m.

    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.

  • 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.

  • China Aids Domestic Cos. in 5G Race | Aug. 1, 2019, 12:18 p.m.

    As the smartphone market struggles, Huawei, Samsung, and Apple compete to dominate the race to 5G. Though one of the challenges for these companies is that 5G smartphones require strong 5G infrastructure, which in the immediate future isn't available in all countries, reports Nikkei.

  • China Faces Backlash in Philippines | July 31, 2019, 9:57 a.m.

  • View All Analysis | July 31, 2019, 9:49 a.m.

    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.

  • Germany Slows China Investment | July 30, 2019, 9:59 a.m.

    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.

  • BRI Friction Rises in C. Asia | July 29, 2019, 9:39 a.m.

    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.

  • U.S.-Australian Team Eyes Philippine Port | July 26, 2019, 9:36 a.m.

    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.

  • Malaysia-China Rail Gets Price Cut | July 25, 2019, 10:24 a.m.

    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.

  • 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.

  • Cambodia: Pentagon Flags BRI Port | July 23, 2019, 11:39 a.m.

    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.

  • BRI Raises Concerns in Cambodia | July 22, 2019, 11:02 a.m.

    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.

  • Malaysia Seizes $240m From Chinese Project | July 17, 2019, 11:06 a.m.

    The Malaysian government has seized $243 million from a Chinese state-backed company planning two pipeline projects, on grounds that the payments were made under the prior administration of Najib Razak. Mahatir had promised to review any projects authorized by Najib, and reclaim any funds potentially linked to corruption or poor management.

  • 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.