Clearly, the "Belt and Road" initiative has run into serious problems. Some countries are finding the burden of debt financing too arduous.
Frank Ching is a Hong Kong-based writer who has covered developments in China for several decades. He opened The Wall Street Journal’s Bureau in Beijing after the U.S. and China established diplomatic relations in 1979, becoming one of the first American reporters to be based in China since 1949.
For Frank Ching's latest contributions to The Japan Times, see below:
The fear of marginalization in Beijing is palpable.
While both Japan and China want an improved relationship, they will be walking into it with their eyes wide open.
The Trump-Kim exchanges have added a new dimension to the Korean nuclear crisis.
Chinese Foreign Minister Wang Yi learned an important lesson in Manila earlier this month: He can't pressure Foreign Minister Taro Kono by invoking his father's name.
From Beijing's perspective, things went very well in Mar-a-Lago, with China taking the initiative and the Americans going along.
The Catholic Church had better maintain its wary stance in negotiating anything with China's Communist Party.
As it strives to control virtually the entire South China Sea, China is using its economic and military might to ensure its Southeast Asian neighbors fall into line.
In Beijing's mind, once Taiwan agrees that it is part of China, then it is only logical for there to be talks on unification.
His policies resulted in the deaths of an estimated 45 million Chinese, yet Mao Zedong remains the symbol of both the party and the state 40 years after his passing.