Belt and Road Initiative

Kenya Asks World Bank for $740 Million Loan amid Growing China Debts

Kenya’s request this week for a $740 million loan from the World Bank, of which American taxpayers remain the largest stakeholders, has sparked outrage as the African country continues to deny its financial woes and accept gigantic sums of money from China to fuel its role in Beijing’s ambitious Belt and Road Initiative (BR).

Chinese President Xi Jinping (top R) and Kenyan President Uhuru Kenyatta (top L) attend a signing ceremony after their bilateral meeting during the Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on May 15, 2017. / AFP PHOTO / POOL / Etienne …

U.S. and Japan Battle China for Influence in Zimbabwe

The United States on Thursday opened a remarkably large and expensive embassy in Harare, the capital of Zimbabwe, a structure described by the U.S. ambassador as a symbol of America’s commitment to the people of Zimbabwe after decades of sanctions intended to weaken the heinous regime of longtime dictator Robert Mugabe. With help from Japan, the U.S. is competing with China for influence in post-Mugabe Zimbabwe.

Trump hosts Japan PM, five days before summit with Kim

Xi Jinping Promises More Transparent and Sustainable ‘Belt and Road’

Chinese President Xi Jinping addressed the second annual Belt and Road Forum in Beijing on Friday. His speech was covered by Chinese media as triumphant exultation of an astounding international trade and infrastructure project, while foreign reporters heard a series of signals to nervous participants and prospects that the Belt and Road Initiative (BRI) will become more transparent, financially sustainable, and politically neutral in the years ahead.

China's Xi aims to soothe Belt and Road fears

Chinese Businessmen Protest Belt and Road Profits for Foreigners

The South China Morning Post reported Monday on Chinese businessmen complaining that Beijing’s ambitious Belt and Road Initiative (BRI) is generating too many profits for foreign firms and subjecting Chinese companies to increased competition.

The Associated Press

Maldives Seeks Help from India, U.S. to Escape Chinese Debt

The new president of the Maldives, Ibrahim Mohamed Solih, campaigned on criticism of his predecessor’s appetite for Chinese loans and investment. Solih signaled a strong desire to realign his country toward India and seek help from the India-U.S. alliance to relieve the burden of Chinese debt.

Opposition candidate confirmed Maldives president-elect

China Bristles at Mike Pence Visit to Southeast Asia Summit

Chinese officials warned on Monday that Vice President Mike Pence could destabilize the South China Sea by appearing at this week’s meetings of the Association of Southeast Asian Nations (ASEAN) and Asia Pacific Economic Cooperation (APEC) forum.

The Associated Press

Turkish Ambassador: Turkey and China Share ‘Common Fate’

Turkish Ambassador to China Abdulkadir Emin Onen declared Turkey and China share a “common fate” and ‘common future” in an op-ed published by China’s state-run Global Times on Sunday. Last week, Turkey’s Andalou news agency signed a cooperation agreement with China’s Xinhua.

Turkish President Recep Tayyip Erdogan (L) and Chinese President Xi Jinping attend a signing ceremony ahead of the Belt and Road Forum in Beijing on May 13, 2017. / AFP PHOTO / AFP PHOTO AND POOL / JASON LEE (Photo credit should read JASON LEE/AFP/Getty Images)

Japan’s Abe Continues ‘Charm Offensive’ with India’s Modi

Japanese Prime Minister Shinzo Abe concluded his visit to China and returned to Tokyo for a meeting with Prime Minister Narendra Modi on Monday, continuing what Reuters characterized as a “charm offensive” to solidify Japan’s physical security and economic leadership.

The Associated Press

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.

N. Koreans visit Beijing to learn about China's reforms: ministry

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.

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)