Belt and Road Initiative - Page 3

Report: China Exporting Weapons and Mercenaries to Africa

A report by the Rand Corporation on the growing influence of China and Russia in Africa found that Beijing is not far behind Moscow in exporting weapons and private military contractors to African nations, especially those participating in China’s Belt and Road Initiative (BRI).

China shows off tanks in simulated battle for Taiwan

China Calls Strong U.S. Dollar a ‘Crisis’

China’s state-run Global Times on Tuesday denounced the strong U.S. dollar as a “crisis” for the rest of the world because it increases the “financial risks facing emerging markets” and allegedly makes it harder for other nations to implement anti-inflationary policies.

Face to face of US dollar banknote and China Yuan banknote

China Offers Sri Lanka Economic Aid After Destroying Its Domestic Industries

Sri Lankan Prime Minister Ranil Wickremesinghe on Monday said he would ask China for foreign aid again, after Beijing turned down a proposed $1.5 billion currency swap. China was a major contributor to Sri Lanka’s economic implosion, having destroyed some of the island’s key industries and bankrolled its corrupt socialist government with loans that could never be repaid.

Chinese Foreign Minister Wang Yi, left, poses for media before his meeting with Sri Lankan

Two Decades After Iraq War Began, China Colonizes Iraq’s Oilfields

Twenty years after the United States invested blood and treasure in liberating Iraq from the rule of Saddam Hussein, China is attempting to lock up control of Iraq’s oilfields. The Western intervention in Iraq was denounced by critics as a “war for oil,” but in the end, the great authoritarian menace of the 21st Century is close to taking control of Iraq’s energy resources.

FILE - In this Jan. 24, 2004 file photo, fires flare off the gas from crude oil at Iraq's