Search
+
    SEARCHED FOR:

    BELT AND ROAD FORUM

    China’s high-tech ports push raises global trade ambitions, sparks security concerns

    China is expanding its global maritime influence through AI-powered automated ports, smart shipping technologies and digital infrastructure. While these innovations promise greater efficiency, Western governments fear growing dependence on Chinese systems could create security vulnerabilities, geopolitical leverage and risks to critical global supply chains and international trade networks

    Sri Lanka assures China of continued active participation in Belt and Road Initiative

    Wickremesinghe visited China from October 16 to 20 to attend the third Belt and Road Forum for International Cooperation hosted by Chinese President Xi Jinping. "Sri Lanka reiterated it will continue to actively participate in the Belt and Road Initiative proposed by China," according to the joint statement issued on Friday. Cash-strapped Sri Lanka has a total foreign debt of USD 46.9 billion, 52 per cent of which is owed to China, its largest lender.

    India reiterates opposition to China's Belt and Road Initiative

    "I don't think we received an invitation this year," he said at his weekly media briefing in reply to a question. The spokesperson said India's position on BRI, especially its "lack of respect for our sovereignty and territorial integrity are well known and consistent". There has been increasing global criticism of the BRI.

    What is China's Belt and Road Initiative?

    A decade since its launch, the Belt and Road Initiative has yet to entice significant Western engagement.

    India to skip China's Belt and Road Forum for a third time

    India is boycotting China's Belt and Road Initiative summit for the third time, citing concerns over sovereignty issues and the financial viability of Beijing's projects. The two-day summit is being held amid criticism that the loans for unsustainable projects have led to debt traps for smaller countries. India has been critical of the China-Pakistan Economic Corridor, which passes through Pakistan-occupied Kashmir.

    Leaders from emerging economies are visiting China for the ''Belt and Road'' forum

    Under the initiative, a signature policy of Xi, Chinese companies have built ports, roads, railways, power plants and other infrastructure around the world in a bid to boost trade and economic growth. But the massive Chinese development loans that funded the projects have also burdened some poorer countries with heavy debts.

    The Economic Times
    BACK TO TOP