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.
Conference to Answer those Questions About the One Belt, One Road Concept. NETHERLANDS – CHINA – There has been much talk in recent times of the initiative 'One Belt, One Road' and of the Silk Road itself but doubt remains in many importers and exporters minds over the concept of an intermodal and rail freight route between China and diverse destinations within Europe. Just how much more expensive is this than ocean carriage? How much quicker and how does it compare to airfreight?
(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
Russia on Monday pitched for India joining China's One Belt One Road initiative and hoped that New Delhi will find a way out to benefit from the mega connectivity project without sacrificing its position on the issues flagged by it. In an address at a think tank, Russian Foreign Minister Sergey Lavrov also said a sustainable security architecture in the Asia Pacific region cannot be achieved through "bloc arrangement"