By Euan Graham, the interpreter: “Fundamentally, beyond the “community of shared destiny for humanity” claimed by Xi, BRI is selling a China-centred order, encompassing Eurasia and its maritime periphery.”
BY ASIA TIMES STAFF
Increased overseas demand comes as local Chinese switch to mobile payments
(Heritage Foundation) China’s expansive Belt and Road Initiative (BRI)—through which Beijing intends to spend or invest over $1 trillion on new infrastructure and connectivity investments across the Indo-Pacific and Eurasian supercontinent—is already reshaping the economic and geopolitical landscape of the region.
(Bloomberg) Grand investment plans for unproductive regions have caused empires to founder before.
BY GORDON WATTS
Investment drops by around 15% in the first half of the year as Beijing grapples with US trade war, a cooling economy and domestic problems