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Monday, July 22, 2024

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Belt Road Initiative

Chinese Investment In Africa Doubles, More Focus On Minerals

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...

Italy Tells China That It Will Leave Belt & Road Initiative

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

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

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...

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

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...

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

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...

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

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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