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Belt and Road Initiative

Xi Jinping (R) shakes hands with North Korean leader Kim Jong Un (L) in the Chinese city of Dalian earlier in May

North Korean Media Tout China’s ‘Belt and Road’

South Korea’s Yonhap News on Monday noticed North Korea’s state-run newspaper Rodong Sinmun lavishing extraordinary praise on China’s ‘Belt and Road’ initiative, an international infrastructure program China has invested a great deal of pride and money in.

JS Kaga (DDH-184) is a helicopter carrier (officially classified by Japan as a helicopter destroyer) and the second constructed ship in the Izumo class of the Japan Maritime Self-Defense Force (MSDF)

Japan’s Largest Warship Visits Sri Lanka, Sends Message to China

The Japanese helicopter carrier Kaga visited Sri Lanka over the weekend, calling on a port that was developed with Japanese financial assistance while the people and government of Sri Lanka are questioning the wisdom of becoming more deeply indebted to China.

Cyril Ramaphosa (Lintao Zhang / Getty)

China Gives South Africa $25 Billion in Stimulus Loans

The government of South Africa announced on Friday that President Cyril Ramaphosa secured another $10 billion in Chinese loans during his trip to Beijing last week, bring South Africa’s total economic stimulus and infrastructure financing from China up to $25 billion.

Kenya's President Uhuru Kenyatta

Kenya Drowning in Chinese Debt but President Kenyatta Wants More

China’s debt colonization of Africa is well underway, as one African nation after another takes out gigantic loans from Chinese banks to build infrastructure projects that appear financially unsustainable. Kenya is one of the most heavily indebted countries, but President Uhuru Kenyatta is on his way to Beijing for a summit at which he will reaffirm his commitment to the Belt and Road initiative.

Greece's Foreign Minister Nikos Kotzias (L) is greeted by his Chinese counterpart Wang Yi during their meeting at the Diaoyutai State House in Beijing on August 27, 2018. (Photo by HOW HWEE YOUNG / POOL / AFP) (Photo credit should read HOW HWEE YOUNG/AFP/Getty Images)

Greece Falls Deeper into China’s ‘Belt and Road’ Trap

Greek Foreign Minister Nikos Kotzias and Chinese Foreign Minister Wang Yi signed an agreement on Monday for further Greek cooperation with China’s “Belt and Road” infrastructure plan, the latest step in the debt-driven courtship between Athens and Beijing.

Malaysia's Prime Minister Mahathir Mohamad speaks during a joint press conference with China's Premier Li Keqiang (not pictured) at the Great Hall of the People in Beijing on August 20, 2018. - Mahathir is on a visit to China from August 17 to 21. (Photo by HOW HWEE YOUNG / …

Malaysian PM Rejects Chinese ‘Belt and Road’ Projects

Malaysian Prime Minister Mahathir Mohamed announced the cancellation of two major infrastructure projects that were part of China’s international “Belt and Road” initiative, rejecting the projects as too expensive since Malaysia is already grappling with a debt crisis.

The huge port under construction in Colombo straddles the world's busiest east-west shipping route and also gives a strategic foothold to China in a region long dominated by India

China Insists Aid to Pacific Nations Is Not a Political Power Play

China’s Foreign Ministry issued a statement on Friday denying allegations that its financial assistance programs for Pacific nations are an effort to buy political influence and muscle out regional competitors, especially Taiwan. The Foreign Ministry insisted China’s $5.9 billion in pledged foreign aid comes with no strings attached.

Debt-fuelled investment in infrastructure and real estate has underpinned China's growth for years but Beijing has launched a crackdown over fears of a potential financial crisis

Chinese State Media Warns U.S. Against ‘Power Games’ in Indo-Pacific

China’s state-run Global Times did not enjoy Secretary of State Mike Pompeo’s speech to the Indo-Pacific Business Forum on Monday.  A Tuesday editorial by the communist paper responded by accusing the United States of playing “power games” in the Indo-Pacific region.

PODGORICA (Reuters) - Perched atop massive cement pillars that tower above Montenegro’s picturesque Moraca river canyon, scores of Chinese workers are building a state-of-the-art highway through some of the roughest terrain in southern Europe.

China’s Debt Imperialism Behind Montenegro’s ‘Highway to Nowhere’

Chinese companies are hard at work on building a road through the mountains to connect Montenegro’s port city of Bar with Serbia. The project is incredibly expensive, leaving Montenegro struggling to pay off titanic debt to Chinese financiers. Critics call it another example of Chinese debt imperialism: the slow-motion conquest of smaller countries through the “Belt and Road” infrastructure initiative by suckering them into taking loans from Beijing they will never be able to repay.

The latest visit by a North Korean delegation comes after Kim Jong Un made two trips over the border to see Xi Jinping

China Wants North Korea to Join ‘Belt and Road’ Project

Soon after President Donald Trump concluded his Tuesday summit with North Korean dictator Kim Jong-un, Chinese media predicted a new golden age of prosperity for Pyongyang and urged it to join China’s massive “Belt and Road” infrastructure project.

Japanese Foreign Minister Taro Kono (L) met Wang Yi when he visited Beijing in January

China Invites Japan to Take Bigger Role in One Belt, One Road Plan

China’s state-run Global Times expressed delight on Sunday with Japan’s growing participation in the “Belt and Road” infrastructure project, through which China hopes to extend economic and political influence from Asia through the Middle East and Europe. The editorial signaled that if the Japanese play ball with Belt and Road, Beijing might even stop referring to them as history’s greatest monsters.