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Archive for the tag “infrastructure”

China’s Infrastructure-Heavy Model For African Growth Is Failing

The strategy of “infrastructure-led growth” (growth, not economic and social development) seems to be showing its limits in Africa, where China has largely been instrumental in promoting it. This strategy is based on the Keynesian multiplier theory whereby any increase in aggregate demand would result in a more than proportional increase in GDP.

Read Here – The Diplomat

Belt And Road Re-Emerges in Pakistan With Flurry Of China Deals

China’s Belt and Road program has found new life in Pakistan with $11 billion worth of projects signed in the last month, driven by a former lieutenant general who has reinvigorated the infrastructure plan that’s been languishing since Prime Minister Imran Khan took office two years ago.

Read Here – Bloomberg

China’s Investments The Least Popular Of Its Diplomacy Efforts In South And Central Asia

China’s attempts to woo South and Central Asian countries with a total of US$126 billion of investment in 17 years have proved the most polarising of its efforts to gain regional influence, because of concerns over debt traps, transparency and Chinese labour, according to research in the United States.

Read Here – South China Morning Post

China’s infrastructure and energy driven US$1 trillion Belt and Road initiative involves risky bets across a swath of land populated by often illiberal or autocratic governments exercising power without independent checks and balances. Seeking to reduce risk, China is bumping up against the limits of its own long-standing foreign and defence policy principles, foremost among which its insistence on non-interference in the domestic affairs of others, the equivalent of the United States’ preference for stability rather than political change.

Read Here – Lobe Log

Comfortably Reelected, Indonesia’s Jokowi Opens The Door To China’s Belt And Road

The ballots hadn’t even been counted yet when the deals were announced. On April 26, just two days after Election Day, Indonesia signed 23 memorandums of understanding with China, worth $14.2 billion in all, for several major infrastructure projects. They came after months of silence about Chinese investment in Indonesia—by design, as President Joko Widodo feared attempts by the opposition to paint him as being too pro-China.

Read Here – World Politics Review

China In Latin America: Partner Or Predator?

Whether they’re new colonisers or a vital source of cash and technology, the jury is out on Beijing’s investment in the region – but one thing is certain, the US will not relinquish its control without a fight. For the United States, China’s widening presence in Latin America has been much more than a minor nuisance in its geopolitical backyard.

Read Here – South China Morning Post

China’s Flexible Belt And Road Approach Leads To Ambiguity

A red carpet, gala dinner and a greeting at the presidential palace by guards on horseback – a privilege usually reserved for monarchs and popes – marked Chinese President Xi Jinping’s arrival in Italy last month for a landmark moment in his signature project to revitalise the ancient Silk Road.

Read Here – South China Morning Post

The Belt And Road: The Good, The Bad, And The Mixed

Much of the narrative on China’s Belt and Road Initiative (BRI) has been polarised…Neither of these polarised narratives seems to fully account for the complex and heterogeneous variety of activities in the BRI.

Read Here – The Diplomat

‘Quality Infrastructure’: Japan’s Robust Challenge To China’s Belt And Road

For the past seven years, Japan has competed against the Chinese initiative, not only by reforming its lending practices and increasing funding for development assistance, but also by articulating a vision for what Japanese Prime Minister Shinzo Abe has called “quality” infrastructure investment and seeking international partners to advance these principles.

Read Here – WarOnTheRocks

China Says Last Year’s GDP Growth Was Worth More Than Australia’s Whole Economy

Shanghai, China – Photo courtesy: ADB/Flickr

China’s added GDP last year exceeded the value of Australia’s total output, the country’s statistics agency said as it sought to highlight the country’s economic resilience. In 2018, China’s economic growth rate slowed to the lowest level in 28 years – a fact that has fanned concerns about the country’s economic outlook.

Read Here – South China Morning Post

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