Italy is pulling out of China’s Belt and Road Initiative (BRI), delivering a major blow to the communist regime’s ambitious project. Italy was the only member of the Group of 7 leading economic powers to have joined the trillion-dollar project, which Chinese leader Xi Jinping launched a decade ago to expand the regime’s geopolitical influence […]
A Canadian executive of the Asian Infrastructure Investment Bank (AIIB) resigned on June 14 while accusing the Chinese communist regime of manipulating AIIB and creating a toxic culture. Experts pointed out that the incident has again revealed China’s ruling Communist Party’s (CCP) infiltration in international financial organizations, which should serve as another warning to the […]
CARBIS BAY, England–The Group of Seven (G-7) richest democracies on June 12 sought to counter China’s growing influence by offering developing nations an infrastructure plan that would rival Chinese leader Xi Jinping’s multi-trillion-dollar Belt and Road initiative. The G-7, whose leaders are meeting in southwestern England, has been searching for a coherent response to the […]
Thailand has put china’s attempt to bypass the malacca straight on hold—for now. The Thai government stopped it after internal protests erupted earlier this month. We spoke to Daniel Wagner, CEO of country risk solutions, to find out more.
A bipartisan group of lawmakers has introduced a proposal to secure U.S. airports from national security threats posed by airport equipment such as passenger boarding bridges made by foreign adversaries, specifically China. The bill, named the Airport Infrastructure Resources (AIR) Security Act, would prevent federal airport improvement funds from being used to purchase infrastructure made […]
WASHINGTON—China’s Belt and Road Initiative (BRI) is one of the world’s most ambitious and controversial development programs. Under the Trump administration, the United States is rolling out new infrastructure projects and other initiatives in the Asia-Pacific in an effort to counter China’s growing footprint in the region. The Chinese Communist Party has made BRI—also known […]
Victoria’s government has signed up to China’s flagship economic investment project, the Belt and Road initiative, in hopes that the deal will foster more trade and jobs in the state. Labor Premier Daniel Andrews and China’s Ambassador Cheng Jingye finalised a Memorandum of Understanding (MoU) between Australia’s second-most populous state and China on the Belt […]
