In the latest pushback against the ambitious Chinese One Belt One Road (OBOR) project, the Myanmar Government has announced a cutback in proposed Chinese investments in the key Kyaukpyu Deepwater Port project reports ANI.
The Epoch Times reported that for the first time since his stunning victory in May’s election, Malaysia’s veteran prime minister Tun Dr Mahathir Mohamad on Aug. 17 made an official visit to China on a five-day trip, upon invitation by the country’s premier Li Keqiang.
(Bloomberg) -- The Silk Road conjures images of caravans, desert steppes and adventurers like Marco Polo navigating the ancient trading routes connecting China with Central Asia, the Middle East, Africa and Europe. China’s modern-day adaptation, known as the Belt and Road Initiative, aims to revive and extend those routes via networks of upgraded or new railways, ports, pipelines, power grids and highways.
China has never spared any effort to portray its Belt and Road Initiative, a grand, trillion-dollar-plus global investment plan, as a positive vision for the world. Last year, China released cringeworthy videos featuring children who were, somewhat unrealistically, excited by the idea of infrastructure investment. - By Adam Taylor Source The Washington Post
Pollution from vessels in busiest shipping lanes of South China Sea and Indian Ocean making storms more intense, study says China’s “maritime Silk Road” has become a lightning hotspot, according to a new US study that suggests a link between ship exhaust and thunderstorms at sea.
India and China, Asia’s two economic heavyweights, have taken starkly different approaches to how the region could green its infrastructure, a conference at London’s Asia House heard this week. China - with its ambitious, multi-national New Silk Road plan - is looking outward, while India appears to prefer home-grown solutions for its citizens, like its UJALA LED bulb scheme.