Tag: Belt and Road
6 Results
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Trump’s stance gives China the shivers
The escalating U.S.-China trade friction engineered by U.S. President Donald Trump has directly hit China’s economy — the source of Beijing’s power. The administration of Chinese President Xi Jinping hopes to quickly take the sting out of this situation, but doing so will not be easy. The U.S.-China strategic joint foundation has eroded, and Beijing’s …
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September 9, 2018 -
Sri Lanka lauds B&R Initiative, welcomes Chinese investment
Sri Lankan Foreign Minister Ravi Karunanayake has spoken highly of the proposed Belt and Road Initiative, saying that Colombo would like to see more Chinese investments. The newly-appointed Foreign Minister told Xinhua news agency that China and Sri Lanka had maintained strong ties since ancient times, with the relationship being at its strongest level at …
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July 28, 2017 -
Deutsche Bank to support China’s ‘Belt and Road’
Germany's biggest lender Deutsche Bank announced that it would support three billion Dollars' worth of development projects in partnership with China Development Bank (CDB) on Wednesday. "CDB and Deutsche Bank agreed to work together over the next five years with an aim of supporting projects worth $ 3.0 billion," the group said in a statement, …
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May 31, 2017 -
India may skip China’s Belt and Road Forum
India will skip China's high-profile 'Belt and Road' summit beginning in Beijing on Sunday in view of sovereignty concerns related to the China-Pakistan Economic Corridor (CPEC), a flagship project of the initiative that is expected to play a dominant role in the two-day meet. While there is no official word, informed sources said India will not …
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May 13, 2017 -
Xi to attend Belt and Road forum’s opening ceremony
Chinese President Xi Jinping will attend the opening ceremony of the Belt and Road Forum for International Cooperation in May, Chinese Foreign Minister Wang Yi said on Tuesday. Xi will also host the round table summit of the leaders at the time. Both the ceremony and the summit will be held here on May 14 …
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April 18, 2017 -
Nepal to formally join Chinese Belt and Road: Prachanda
Nepal Prime Minister Pushpa Kamal Dahal on Wednesday said Nepal will formally sign a Memorandum of Understanding (MoU) with China to become part of the latter's 'Belt and Road Initiative'. Dahal, who returned home from his China visit on Wednesday, informed reporters that his country would become part of the 'Belt and Road Initiative' as …
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March 29, 2017