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Belt and Road: The projects

Belt and Road: The projects
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.
Donald Trump has vowed to regain control of the canal for the US and hit out at “Chinese control”. Photo: Reuters
US-China relations

The options China could take to deal with ‘serious setback’ over Panama Canal

Beijing has a range of possible options after a contract given to Hong Kong firm CK Hutchison was voided by Panama’s Supreme Court.

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China-Africa relations

How Algeria could help China plug iron ore gaps and gain pricing power

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Hong Kong society

Hong Kong charity expands public health efforts across belt and road countries

China-Latin America relations

Will Peru’s Chancay Port be the next ‘Panama moment’ for China?

The Chinese-invested facility is a flagship belt and road project in Latin America, a region the US sees as its backyard.

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Chancay Port in Peru is expected to become a hub of global trade. Photo: Xinhua
Rohingya Muslims

Opinion | Why China should lead commission for a phased Rohingya repatriation

Given its Rakhine interests and diplomatic clout, Beijing could oversee a plan for return, ensuring security, rights and economic reintegration.

Belt and Road Initiative

Ex-Ecuador president calls bribery case over belt and road dam a ‘farce’

Lenin Moreno says corruption accusations are a vendetta orchestrated by former president and rival Rafael Correa.

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Belt and Road Initiative

China drops latest trade anchor in Latin America with new service to Peru megaport

Chancay port, a flagship Belt and Road project, is set to welcome its first direct shipment from Suzhou under the new service.

An aerial drone photo shows the vessel named “Xin Shanghai” operated by China Cosco Shipping Corporation docking at Chancay port, Peru, on November 25, 2024. Photo: Xinhua
Banking & finance

Qatari fund invests US$2 million in CK Asset-backed start-up Nexx

Doha-based Rasmal Ventures, backed by the Qatar Investment Authority, invests US$2 million in Hong Kong’s Nexx.

Belt and Road Initiative

As China’s ‘Air Silk Road’ grows, can homegrown C909, C919 jets take off abroad?

Beijing plans to deepen civil aviation ties under the Belt and Road Initiative, boosting air connectivity and exporting Comac-made aircraft.

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Belt and Road Initiative

China steps up Belt and Road Initiative funding with focus on Central Asia

The region received an ‘unusually high concentration’ of investment, particularly in metals and mining, new research has found.

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Under China’s Belt and Road Initiative, more investment and construction has been sent to Central Asia, with Kazakhstan the largest beneficiary. Photo: Xinhua
Belt and Road Initiative

Opinion | Israeli strikes one more challenge for new China-Iran rail corridor

Weeks before the air strikes, a new overland trade route was launched that could help Iran evade sanctions and advance its regional ambitions.

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People gather in Nobonyad Square, Tehran, after Israeli airstrikes on Iran on June 13. Photo: Getty Images
Indonesia

Will Indonesia’s Whoosh extension to Surabaya be derailed by Chinese debt?

With the current US$7.3 billion rail line not projected to break even for 40 years, analysts are urging caution on an extension.

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US-China relations

Could a ‘more focused’ US gain an edge over China in Indonesian tech contest?

Although Jakarta has close economic ties with Beijing, a report says the push to boost its hi-tech economy could present openings for American firms.

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China-Africa relations

New Chinese funding plan will help extend railway to Uganda, Kenya says

Mineral-rich Democratic Republic of Congo is China’s ‘pot of gold’ at the end of the Standard Gauge Railway, analyst says.

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Chinese workers on a section of the Standard Gauge Railway in 2018, before a presidential inspection of the Nairobi-Naivasha Phase 2A project. A Chinese consortium will provide 40 per cent of the funding for the 475km line from Naivasha to Malaba. Photo: AFP
Hong Kong economy

Can Hong Kong’s Hutchison ride out storm over Panama ports deal after Beijing attack?

Experts say Hutchison, part of tycoon Li Ka-shing’s empire, is now caught in a dilemma and might end up being punished by both the United States and China.

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Hutchison Port Group has a 90 per cent stake in the Balboa and Cristobal docks at either end of the Panama Canal. Photo: AP
China-Russia relations

‘Big impact’: Russian goods seizures cause havoc on China-Europe rail link

Freight companies ‘dare not’ use the railway after Russia tightened sanctions and impounded huge volumes of Europe-bound cargo.

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Hong Kong economy

Opinion | How Hong Kong can seize opportunities along Silk Road Economic Belt

By deepening cooperation, the city can leverage its unique brand and core advantages to help businesses uncover new areas for growth.

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China-Africa relations

China and the chocolate factory: Ivory Coast investment helps secure cocoa beans

If tonnes of beans go to China instead of Europe or US, chocolate makers in those regions will feel the loss, expert says.

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China is investing in cocoa bean processing factories in Ivory Coast and Ghana, which control 60-70 per cent of the world’s cocoa bean production. Photo: AFP
Pakistan

18 killed in Balochistan attack on Pakistan paramilitary

A vehicle carrying unarmed Frontier Corps paramilitaries ‘came under gunfire from 70 to 80 armed assailants who had blocked the road’.

Thailand

Thailand’s fast train to China runs 9 years behind schedule

By 2030, the US$13 billion Thai network is expected to connect to the Laos-China high-speed railway via a bridge over the Mekong River.

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Belt and Road Initiative

China gets major Nigeria rail project back on track by granting key loan

Chinese state lenders had pulled the plug on the Kaduna-Kano project in 2020, but have greenlit new financing on commercial terms.

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Trains are parked along the Lagos-Ibadan railway in Nigeria, one of several rail projects China has funded in the country. Photo: Xinhua
Belt and Road Initiative

Opinion | China-Pakistan friendship will hold fast against all weather

Through fatal attacks on China interests in Pakistan and Islamabad’s debt crisis, both countries clung fast to their strategic partnership.

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Chinese Premier Li Qiang with Pakistani Prime Minister Shehbaz Sharif at the Prime Minister’s Office in Islamabad, Pakistan, on October 14. Photo: Xinhua
US-China relations

Trump’s pick of Rubio as top US diplomat leaves Latin America bracing

Long-time outspoken China critic raises concerns in region he might press governments to choose sides between Washington and Beijing.

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China-Africa relations

As Chinese official visits, Kenya says deal to fund and build highway is close

Kenyan President Ruto says talks are at a late stage for China to finance and build highway through Rift Valley and possible SGR extension.

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Banking & finance

Southeast Asia, Middle East eye deeper business ties with Hong Kong

Belt and Road Summit: a deep talent pool and financial and legal acumen make the city an ideal partner for development in the two regions.

John Lee, Hong Kong’s chief executive, appears during the Belt and Road Summit in Hong Kong on September 11, 2024. Photo: Bloomberg
Belt and Road Initiative

Hong Kong to tout strengths in dispute resolution at Southeast Asia roadshows

Justice secretary Paul Lam to lead another delegation to Brunei, Vietnam and Malaysia to promote the city’s ‘unique advantages’.

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Secretary for Justice Paul Lam Ting-kwok speaks at the 9th Belt and Road Summit in Hong Kong on September 11, 2024. Photo: Eugene Lee
China-Africa relations

Chinese cement firms look to growing African markets to make up for woes at home

Major cement producers see higher prices – and profits – in countries such as DRC, Mozambique and Ethiopia amid China’s property crisis.

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China-Africa relations

Chinese firm says US$900,000 of gold stolen in armed attack on mine in Ghana

Workers including Chinese citizens were injured in the robbery in April and suspects have been detained, according to Beijing Xiaocheng.

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