Belt News

China along with Afghanistan’s neighbour to East Pakistan agreed to strengthen ties by extending the Beijing-backed CPEC or China-Pakistan Economic Corridor to Afghanistan. Desperate for friends, money, trade, and technology Afghanistan didn’t have much of a choice.

China’s Recovery From The Pandemic And Strong Demand In India Will Drive Strong Economic Growth In Asia This Year, The Asian Development Bank (Adb) Said In A Report Issued On Tuesday. Asia’s Developing Economies Are On Course For Faster Growth And Moderating Inflation This Year And Next, Even As Advanced Economies Are Contributing To A Darker Global Outlook, The Report Added. The Group’s 46 Member Nations Across The Continent Are Set To Grow At 4.8% In 2023 And 2024, Faster Than The 4.2% Last Year, The Adb Said In An Update To Its Regional Forecasts Released Tuesday. Inflation Should Moderate To 4.2% This Year In A Slight Easing From 4.4% In 2022.

China’s Belt and Road Initiative has dug itself into a hole.

The recent development has led to concerns regarding the safety and security of Chinese nationals and projectsThe TTP has already killed and kidnapped several Chinese nationals in Khyber Pakhtunkhwa and Balochistan.

While the impact on China’s infra project may be marginal, the damage has been done, say analystsCovid-19 outbreak may help slow down BRI, specifically in the China-Pakistan Economic Corridor

Swamy claimed that the senior leadership of China were well disposed to the suggestion when he discussed it with them during his visit to the countryBRI is China's global economic initiative for connecting with Europe, Africa and the rest of Asia through road and maritime routes

Minister draws line between Indian, Chinese approaches to building overseas projectsThe Chinese programme has come under intense scrutiny because of the risk of a sovereign debt default among relatively small and poor countries

Beijing is withholding the $4.9 billion needed to finish the project, once a flagship for Xi Jinping’s Belt and Road initiativeThe reason for China’s attack of cold feet may lie in the project’s high profile

The Belt and Road Initiative is a key policy of President Xi Jinping and envisions rebuilding the old Silk Road to connect China with Asia, EuropeChina's initiave has proved controversial in many Western capitals, particularly Washington, which views it as merely a means to spread Chinese influence