Throughout both the COVID-19 pandemic and much of 2023, there was been an abundance of reporting on a slowdown in Chinese lending to Africa, and projections that this would continue into the future. Now as we start a new year, and as the Chinese foreign minister prepares to make his annual visit to African countries, … Read more
Magazine One decade of the BRI: Where it started, how it has changed, and where it may be going. Workers use a measuring line at the construction site of Halim Station ahead of an operational test run of the Jakarta-Bandung high-speed train in September, in Jakarta, Indonesia, Aug. 12, 2023. Credit: AP Photo/Dita Alangkara Advertisement … Read more
Advertisement Even as China’s Belt and Road Initiative gears up to celebrate its 10th anniversary, it is fading from prominence. In its place is the new Global Development Initiative (GDI). Chinese leader Xi Jinping announced the concept at the United Nations General Assembly in September 2021. By September 2022, over 60 nations had joined the … Read more
The Debate | Opinion Chinese banks have been the last resort of projects too toxic for other lenders to touch. Can the Green Finance Guidelines force a change? Advertisement Located deep in the heart of the Sumatran rainforest in Indonesia, the proposed Batang Toru dam is a good example of an ill-conceived and irreparably harmful development project. … Read more