TOKYO — Chinese President Xi Jinping hosted Nepali Prime Minister KP Sharma Oli in Beijing on Tuesday as both countries aimed to strengthen ties through infrastructure projects and cash aid of 300 million yuan ($41 million). China regards Nepal as an important neighbor, and Xi wants to advance the strategic partnership, according to a statement…
China’s far west region of Xinjiang is seeking closer ties and cross-border cooperation with Pakistan and Central Asian countries in a bid to counter US sanctions and consolidate its role as a gateway under the Belt and Road Initiative. Khunjerab port – the sole border crossing connecting China and Pakistan – in Xinjiang Uygur autonomous…
Speaking at a working conference on BRI projects, Beijing’s sprawling effort to build out a global infrastructure and trade network that connects to China, Xi warned that the international environment has become “tough and complicated”. “In recent years, the world has entered a new period of turbulence and change, with a significant rise in unilateralism…
Chinese President Xi Jinping took part in the inauguration of a major Beijing-funded port in Chancay, Peru, on Thursday, hailing the US$3.5 billion project as “the birth of a new land-sea passage for a new era”. In his speech at the megaport’s opening ceremony, the Chinese leader praised the project as “a successful case of…
Brazil recently decided against joining China’s multi-billion-dollar Belt and Road Initiative (BRI). This marks a major setback to China’s BRI after India’s refusal to endorse the mega project. With this development, Lula da Silva-headed country becomes the second country after India in the BRICS bloc to deny support. According to special presidential adviser for international…
Lujiazui, Shanghai”s financial center, forms a perfect backdrop to Shanghai’s Bund. [Wang Gang/For China Daily] “China can only do well when the world is doing well. When China does well, the world will get even better,” President Xi Jinping said in his keynote speech at the Third Belt and Road Forum for International Cooperation in…
China is revising its belt and road playbook in Africa, as it moves its investment focus to agriculture, manufacturing, industrialisation and green energy, including critical metals. The shift is part of Beijing’s pivot towards “small but beautiful” projects in its African investment strategy. But while this could see fewer mega projects financed directly through Chinese…
When Chinese President Xi Jinping opened the China-Africa summit on Thursday, he called on the continent to join China in leading the modernisation of the Global South, which he said has suffered “injustice” at the hands of the West. In a joint action plan, China called for strengthened cooperation on supply chains and green technology…