Belt and Road Initiative

China Faces $50 Billion ‘Belt and Road’ Shortfall in Southeast Asia

The Lowy Institute of Australia published a report on Wednesday that found China’s funding for its Belt and Road Initiative (BRI) projects in Southeast Asia is about $50 billion short of its commitments, apparently due to a variety of causes, from political instability in BRI countries to reduced demand for fossil fuel projects.

This aerial photo taken on April 26, 2023 shows a construction site of the East Coast Rail

India Blocks China-Backed World Trade Organization Investment Deals

India and South Africa on Wednesday blocked the passage of a major investment agreement at the World Trade Organization (WTO) conference in Abu Dhabi, potentially scuttling hundreds of billions of dollars in investments — many of them slated for developing countries of the “Global South,” which India frequently claims to champion.

Chinese President Xi Jinping is seen during the Asia-Pacific Economic Cooperation (APEC) L

Communist China Fawns over Visiting Governor Gavin Newsom

Chinese state media on Monday gushed over visiting Governor Gavin Newsom of California, praising the “sincere and warm” Democrat for his “deep connection” with China and hoping his week-long trip would “play a positive role for bilateral ties.”

California governor Gavin Newsom (R) speaks on the state's experience in combating climate

China Plays Both Sides in Sudan Conflict, Hoping to Swoop in with Investments Later

Voice of America News (VOA) reported on Tuesday that while the international community is nervously monitoring the brutal war between factions of the Sudanese junta and scrambling to deal with the ensuing humanitarian disaster, Communist China is moving full speed ahead with plans to “advance its own interests” in Sudan’s oil and mineral resources.

Xi Jinping

Belt and Road Victim Zambia Sees Finances Implode After Early Pension Payout

The Zambian government passed a law on April 17 that allows citizens to cash out up to 20% of their pensions early. The resulting hit to government finances as claimants raced to pull some $300 million out of the National Pension Scheme Authority (NAPSA) is threatening to topple Zambia’s finances, and endangering a debt relief deal it has been working on since 2020.

Chinese President Xi Jinping (Left) meets Zambia's President Edgar Chagwa Lungu (Right) at

China Promises to Pour Money into Rebuilding Post-War Ethiopia

Chinese Foreign Minister Qin Gang vowed on Friday that his country would invest heavily in the “post-war reconstruction” of Ethiopia, which recently exited a two-year war between its government, supported by neighboring Eritrea, and the Tigray People’s Liberation Front (TPLF).

Ethiopian security