Rome/Beijing – Italy, the only G7 country to participate in China’s ambitious Belt and Road Initiative (BRI), is preparing to withdraw. Sources indicated that the Italian government would soon decide on the BRI due to pressure from fellow European countries and the United States and its readiness to cooperate in the semiconductor sector with Taiwan. […]
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Brussels/Beijing: A new development has occurred in the ongoing tensions between Europe and China over issues such as Hongkong, Xinjiang, Taiwan- Lithuania. European Union has declared to invest €150 billion in the African continent to challenge China’s ambitious Belt and Road Initiative. The European Commission announced it on Thursday. Consequently, it also revealed that this […]
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Beijing: – The Chinese rulers announced the Belt and Road Initiative (BRI) with an ambition to surpass the United States, to become the superpower of the world. But after this scheme started receiving major jolts, the Chinese government has begun promoting the Digital Silk Road. The work of most crucial part of the scheme, the […]
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Washington/Colombo – The United States announced sanctions against some large Chinese companies over the South China Sea issue. Although, the sanctions mention constructions in the South China Sea, as per received information, the biggest hit will be taken by the ambitious Chinese project, Belt and Road Initiative (BRI). China Communications Construction Company (CCCC) and its […]
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Canberra: – Australian Prime Minister, Scott Morrison has taken a new step to stop the agreements and projects, going against the Australian interests and foreign policy. In the next few days, a new bill will be presented in the Australian parliament. It has a provision to review the agreements, signed by various provinces and educational […]
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Bangkok: The United States has announced a new scheme to counter the ambitious Chinese Belt and Road Initiative (BRI). The information was given by Wilber Ross, the US Secretary for Commerce during the meeting of the Indo-Pacific Business Forum held in Bangkok. The scheme envisages providing huge funding for important projects in the Indo-Pacific sector, over the next few years. […]
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Tokyo: Japanese Foreign Minister Kono Taro made a statement from the Chinese capital, indicating that the adversaries were coming together ‘The relations between China and Japan have normalised.’ In response to the statement of the Japanese Foreign Minister, Chinese President, Xi Jinping announced that he would attend the G20 conference in Japan. But the indications […]
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Washington: “China’s Belt and Road Initiative, in particular, is an attempt to create its own globally decisive naval force… its modus operandi preys off nations’ financial vulnerabilities….In the final analysis, these unfavourable deals strangle a nation’s sovereignty -like an Anaconda enwrapping its next meal,” warned Admiral John Richardson, the Chief of Naval Operations. Admiral Richardson […]
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Beijing/Rome: The US National Security Council lashed out at Italy for participation in the OBOR scheme ‘One Belt One Road (OBOR) is a scheme started by China for enhancing its interests. Italy is one of the leading economies of the world and a very important country for investment. Participating in the OBOR, Italy is supporting […]
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New York: The United States and China clashed in the United Nations, over the ambitious Chinese project Belt and Road, connecting Asia, Africa and Europe. The United States alleged that the Chinese project passing through Afghanistan is about Chinese national political priorities rather than the people of Afghanistan. China shot back saying that the US’ […]
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