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Belt and Road Initiativei

The initiative spearheaded by the Chinese government and endorsed by President Xi Jinping in late 2013 aims to improve trade and economic integration across Asia, Europe, and Africa.

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  • International student numbers have yet to bounce back since lifting of pandemic controls, but analysts are optimistic about a recovery
  • However, many report dwindling enthusiasm for Chinese universities, citing geopolitical tensions, bureaucracy and employment concerns
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Following decades of the ‘Angola model’ – oil-backed loans to access Chinese funding for infrastructure – Beijing vows to help modernise Angola.

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Technology transfers have always been officially part of China’s belt and road plan, but analysts say those types of exchanges are being increasingly prioritised as Beijing bids to boost ties.

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Beijing is a reliable friend and sincere partner for countries in Africa, Xi Jinping tells visiting Angolan President Joao Lourenco.

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Amid strain over Ukraine war, China-US tension and trade rows, analyst says a potential Europe trip by Xi may help two sides reduce ‘misperceptions’.

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Beijing will be the backdrop this year for gatherings of Latin American and African leaders, part of a long-standing relationship with developing countries.

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High-risk, high-cost mega-infrastructure projects like those backed by Belt and Road Initiative decline in popularity, with developments now seen in sectors with faster returns and fewer operating costs.

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Several analysts say Prabowo is unlikely to do anything to upend the economic cooperation that outgoing president Joko Widodo has established with China over the years.

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Influential author Parag Khanna says the Belt and Road Initiative is exactly the blueprint needed in this age of uncertainty and instability.

Following efforts to build infrastructure in Africa, the Middle East and Central Asia that ended in disappointment, China’s fortunes seem to have changed thanks to popular – and expensive – clean energy projects.

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The Tazara rail line connecting Zambian copper belt with port of Dar es Salaam will be updated through public-private partnership and compete with US- and EU-backed link between resource-rich areas and Angola’s Atlantic coast.

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Green Finance and Development Centre at Fudan University identifies a ‘clear need’ for renewable energy investment to stoke growth and support a ‘green transition’ in China.

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Wu Sike, special envoy for the Middle East from 2009-14, says China can bank on ‘long-standing friendly’ ties to provide strategic support in the region.

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