shining a light
China’s Belt and Road Initiative (BRI) could speed up economic development but it must be accompanied by deep policy reforms that increase transparency and mitigate corruption risks.
China’s economic rise is a model developing economies can adapt for local application, using shared policy lessons and experiences.
East Hope Group signs MoU with KIZAD to explore feasibility of a 15-year, US$10 billion, three-phase development across more than 7 square km.
Over the past six years, total trade between China and other countries participating in the BRI has exceeded US$6 trillion, and China’s investment in these countries has surpassed $80 billion.
China is trying to avoid debt traps for countries that sign up for its signature “Belt and Road” development initiative.
The mega US$1.4 billion Colombo Port City project is co-developed by the Sri Lankan government and China’s CHEC Port City Colombo under the Belt and Road Initiative.
China invests in 42 overseas ports under Belt and Road project.
Belt Road Initiative helps China merges economic and security goals, with heavy emphasis on maritime commerce and defense.
The stars are aligned for China’s Belt and Road to redefine global shipping and seaborne trade flows and patterns.
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