BY GORDON WATTS
A report by the Center for Global Development in Washington warns of the pitfalls ahead
BY ASIA TIMES STAFF
Move broadens types of bonds which can be used to finance BRI projects
GARY KLEIMAN
As Uzbekistan plans to follow its poor, isolated neighbor Tajikistan with an inaugural external bond, investor frenzy in the frontier market has cooled with higher spreads since the beginning of the year as a new Center for Global Development (CGD) report warned of “high distress risk” in commercial loans related to China's Belt and Road Initiative (BRI). Tajikistan is prominent on the think-tank’s danger list as public debt has soared in recent years to 57% of gross...
BY ASIA TIMES STAFF
Stable and neutral monetary policy to continue, along with control of the overall money supply and scale of social financing
(USNI News) Chinese businesses are exploring land development deals near the Panama Canal and offering their skills in building the region’s information technology infrastructure. These are prime examples of Beijing’s stepped-up economic involvement in the Western Hemisphere, the senior American military official for Central and South America told reporters Monday.