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Friday, January 31, 2025

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Belt Road Initiative

Global

Chinese Investment In Africa Doubles, More Focus On Minerals

Vaishali Shastri -
Africa is the main focus of China's flagship economic cooperation program, which is reviving after a hiatus during the worldwide pandemic, according to a...
Global

Italy Tells China That It Will Leave Belt & Road Initiative

Vaishali Shastri -
According to government sources on Wednesday, Italy formally notified China that it was leaving the Belt and Road Initiative (BRI), allaying concerns that the...
Global

Kenya Asks China To Lend $1 Billion Loan Along With Extension Of Current Loan Repayment

Vaishali Shastri -
When he visits Beijing later this month, Kenya's President William Ruto is to request a $1 billion loan from China to finish up stalled...
Global

Italy’s Defence Minister Calls Joining China’s BRI An “Atrocious” Move

Vaishali Shastri -
According to Guido Crosetto, Italy's defence minister, the country's decision to participate in China's Belt and Road (BRI) plan was "improvised and atrocious." Crosetto asserted...
World

China’s Waiver Of Interest-Free Loans To African Countries Is 1% Or Less Of Its Total Lending

Vaishali Shastri -
China’s loan waiver to African countries last month represents 1.1% or even less of Chinese lending to the countries, according to a study. China had...
Indian Ocean Region

IMF Team In Colombo For Assessing Sri Lanka’s Debt Burden

Staff -
The IMF is looking not only at the at the restructuring of Sri Lanka’s external debt but the huge domestic debt burden as well...
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