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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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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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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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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Washington/Pretoria: On Monday, the United States announced a new Africa Strategy to counter the efforts of Russia and China to increase their influence in the African continent. The objective of this new Africa Strategy would be to engage with African communities with a liberal mindset in an effort against the activities of China, Russia, and […]
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Washington/Beijing: China, the second largest economy in the world, continues to suffer shocks. Last month, it was revealed that China’s economic growth rate had dropped to 0.4 per cent. After that, international investors are also turning their backs on China. According to a US-based Institute of International Finance (IIF) report, foreign investors withdrew large amounts […]
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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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Buenos Aires: – Repercussions of the agreement signed by Argentine President Alberto Fernandez with the International Monetary Fund (IMF) for loans worth billions of dollars are being felt in the Argentine capital Buenos Aires. Thousands of people are protesting against this loan agreement with the IMF. The protestors demanded that they do not want a […]
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London: – UK Foreign Minister Liz Truss lashed out at China. She said that objections over the sovereignty of the Falkland Islands are unacceptable to the United Kingdom. The Falkland Islands are a part of the British Family and the United Kingdom will protect the rights of these islands. Therefore, China must respect the British sovereignty […]
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Beijing / Riyadh – A high-level delegation comprising foreign ministers of Saudi Arabia, Oman, Kuwait and Bahrain has arrived in China. The delegation also includes the head of the Gulf Cooperation Council, the main organization of the Gulf countries. Chinese sources said that the five-day visit would focus on fuel, free trade agreements, and strategic […]
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