How China’s Belt and Road Took Over the World
Mapping the BRI’s growth over its first 10 years – and its transformation from a Eurasian transit corridor to an initiative with global scope. Read More Here
Tag: infrastructure projects
BRICS New Development Bank Launched In Shanghai
The five BRICS countries are home to 42.6 percent of the global population, 21 percent of the world’s economy and nearly half of the world’s forex reserves, but have been marginalized in the global financial landscape. For example, in the World Bank, the five have a total of only 13 percent of voting rights, while […]
China’s ‘Win-Win’ Diplomacy In Sri Lanka Riles India
The Sri Lankan government has cleared one more Chinese project – the expressway linking the southern port city of Hambantota with Matara, which will be the second phase of the previous Chinese-funded project that connects Matara with Colombo. This was one of former President Mahinda Rajapaksa’s pet projects – connecting his hometown with the capital. […]
Speculation Over China’s Ties With Sri Lanka Premture?
Competition between China and India in Sri Lanka is not exclusive or confrontational. All sides have learned to keep the necessary restraint in politically interfering with competition in the economic sector. As to whether China has been too aggressive in pushing investment in Sri Lanka, the answer will lie in the development of the bilateral […]
Sri Lanka’s Growing Economy Battles Commercial Disputes
Since the end of Sri Lanka’s 26-year civil war in 2009, the government has clearly been focusing on expansion, with new investments in infrastructure and the private sector that are helping to spur growth and contributing to an increase in disposable income and rising consumerism. While this growth is largely positive, there has also been […]
China And Its $6 Trillion Infrastructure Funding Plan: Reuters
China plans major bond market reform to raise the money the ruling Communist Party needs for a 40 trillion yuan ($6.4 trillion) urbanization program to buoy economic growth and close a chasm between the country’s urban rich and rural poor. The Party aims to bring 400 million people to cities over the next decade as the […]
Keynes, Trains and Automobiles
FOR 35 years the steel bolts holding up the ceiling of Sasago Tunnel, on a busy toll road west of Tokyo, were never checked. On December 2nd more than 600 of them had worked themselves so loose that a 130-metre stretch of the roof collapsed, crushing nine motorists. The disaster played into the hands of […]
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