Beijing says Silk Road not geopolitical tool, understands concerns
- 20-Apr-2019
Beijing will host a Belt and Road summit next week which 37 foreign leaders will attend, including some of China’s closest allies
New Silk Road critics are ‘prejudiced’, China’s top diplomat says
- 30-Mar-2019
China has never forced debt upon participants of its new Silk Road project as “prejudiced” critics have suggested
Saudi Arabia strikes $10bn deal with China
- 23-Feb-2019
Saudi Arabia signed 35 economic cooperation agreements with China worth a total of $28bn at a joint investment forum during the visit
China defends ‘New Silk Road’ against debt complaints
- 28-Aug-2018
BEIJING: Chinese officials on Monday defended Beijing’s initiative to build a “New Silk Road” of railways and other infrastructure across Asia against complaints it leaves host countries with too much debt after Malaysia canceled two high-profile projects. The officials said President Xi Jinping’s signature foreign policy initiative is creating assets that are needed by developing […]
Caterpillar drives sales on China’s new Silk Road
- 05-Mar-2018
CHICAGO/NANTONG, China: At a Caterpillar facility in the eastern Chinese city of Nantong, an array of excavators, earth movers and road-making machinery is displayed on slopes and in mud pits. The audience is Caterpillar’s local network of dealers, who inspect the machines for the latest technological innovations to help make their sales pitches to buyers […]
Europe casts a wary eye on China’s Silk Road plans
- 07-Jan-2018
PARIS: Depending on who you ask in Europe, China’s colossal East-West infrastructure programme is either an opportunity or a threat — and when French President Emmanuel Macron visits next week, Beijing will be watching to see how keen he is to jump on board. Since China launched the New Silk Road plan in 2013, the […]
Braving security fears, Chinese seek ‘Silk Road’ riches in Pakistan
- 28-Aug-2017
LAHORE/SHANGHAI: Zhang Yang, a businessman from Chongqing in southwest China, is searching online forums for fellow stout-hearted entrepreneurs willing to cast aside security concerns and join him on a scouting mission to Pakistan. Zhang, 48, is one of a growing number of Chinese pioneers sensing an opportunity across the Himalayas in Pakistan, where Beijing has […]
China’s Xi decries protectionism, touts Silk Road
- 15-May-2017
BEIJING: Chinese President Xi Jinping urged world leaders to reject protectionism on Monday at a summit positioning Beijing as a champion of globalisation, as some countries raised concerns over its trade ambitions. Xi addressed almost 30 leaders on the second day of a forum on his new Silk Road plan, an infrastructure project Beijing hopes […]
US firms ‘ready’ to get on China’s Silk Road project
- 14-May-2017
BEIJING: US companies are ready to get involved in China’s Silk Road project, an American official said Sunday, as Washington strikes an increasingly cooperative tone with its biggest trade rival. President Donald Trump was scathing about China’s trade policies on the campaign trail, but relations have warmed in recent weeks as the US leader softens […]
US to send delegation to China’s Belt and Road summit
- 12-May-2017
BEIJING: The United States will send a delegation led by White House adviser Matt Pottinger to a summit for China’s new Silk Road plan this weekend, China’s Foreign Ministry said on Friday. The announcement that a U.S. delegation would be coming to what is China’s biggest diplomatic event of the year coincides with the unveiling […]