China’s Belt and Road Initiative (BRI) in Nepal remains a non-starter despite recent assertion by the Himalayan state’s deputy prime minister that the two countries will “very soon” sign a plan to implement the ambitious infrastructure programme. Nepal and China signed a memorandum of understanding on BRI in 2017. Nearly seven years since, not a … Read more
A visitor poses for photos at the “Belt and Road” summit in Hong Kong, China September 14, 2023. As the BRI marks 10 years, China has pushed back against criticism of the plan, particularly with regard to projects leaving countries with debt. | Photo Credit: REUTERS India is likely to skip China’s third summit marking … Read more
What does history tell us about the ancient trade route that has a resemblance to the IMEC?Well, the first thing we should ask is whether something like the IMEC already exists. Governments love to make grand announcements that can sound dazzling and exciting. The connections between India, the Middle East and Europe date back millennia … Read more
China has noted big increase in bilateral trade with India to claim positive trajectory in partnership yet emphasised on CPEC and Hambantota Port as its South Asian connectivity initiatives disregarding New Delhi’s concerns. Trade between China and India in the first nine months this year reached $103.6 billion, up 14.6 percent year-on-year, the Chinese Foreign … Read more
Chinese Foreign Minister Wang Yi will arrive here on March 25 on a three-day official trip at the invitation of Nepal Foreign Minister Narayan Khadke to explore bilateral ties between the two countries and push Beijing’s ambitious multi-billion Belt and Road Initiative (BRI) in the Himalayan nation. Wang is the highest level foreign dignitary to … Read more
China will strengthen risk prevention and control in its Belt and Road Initiative (BRI), state media quoted President Xi Jinping as saying on Friday. China plans to establish a pre-warning system for preventing risks in overseas projects, Xi was quoted as saying. The BRI still presents opportunities, but the international environment has become increasingly complex, … Read more