In blow to China, Japan's 'quality infrastructure' to get endorsement at Osaka G20
When world leaders adopt new international principles for "quality infrastructure" during the upcoming Group of 20 summit in Osaka, it will be the moment when Japan's flagship initiative will finally bear fruit after years in the making. In recent years, Japan has promoted what it ...
China no match for Japan in Southeast Asia infrastructure race
Japan is still winning the Southeast Asia infrastructure race against China, with pending projects worth almost one and a half times its rival, according to the latest data from Fitch Solutions. Japanese-backed projects in the region's six biggest economies — Indonesia, Malaysia, Philippines, Singapore, Thailand ...
Kenya to upgrade old rail line to deliver Uganda link, shunning China-funded project
Kenya plans to modernize an old railway track to link a newer line to neighboring Uganda at a cost of $210 million, with funding from an unidentified private backer rather than building another modern one with Chinese money. The development of Kenya's railways has been ...
With China in mind, Japan eyes new infrastructure investment rules for G20
The Abe government is considering proposing a set of rules for infrastructure investment in developing countries when Japan hosts the Group of 20 summit in Osaka in June, after China has been criticized for engaging in "debt-trap" diplomacy with its aggressive project financing, according ...
Chinese President Xi Jinping hosted some 5,000 delegates from across the globe at a Belt and Road Forum in Beijing last week to discuss his signature infrastructure project, which began in 2013 to rebuild ancient trading routes across Eurasia. This year's gathering eschewed the ...
Xi tells summit that China's 'Belt and Road' initiative must be green and sustainable
China's "Belt and Road" initiative must be green and sustainable, President Xi Jinping said at the opening of a summit on his grand plan on Friday, adding that the massive infrastructure and trade plan should result in "high quality" growth for everyone. Xi's plan to ...
After Italy's backing of China's 'Belt and Road,' Abe stresses caution on infrastructure with Conde
Prime Minister Shinzo Abe has moved on to the second and third legs of his six-nation European and North American tour with stops in Italy and Slovakia, where he met with the leaders of those two countries and others on Wednesday. In Rome, Abe and ...
Abe leaves for Europe, U.S. and Canada with Osaka G20 and China's 'Belt and Road' on his mind
Prime Minister Shinzo Abe embarked Monday on an eight-day European and North American trip hoping to rally support to jointly tackle global issues such as free trade as chair of this year's Group of 20 summit. With China seeking greater influence with its "Belt and ...
China struggles to ease concerns over 'Belt and Road' initiative as summit looms
China is struggling to ease worries about President Xi Jinping's signature plan to build a new Silk Road as it readies for a major summit in late April, especially among Western nations wary about debt, transparency and Chinese influence. While China gained a major victory ...
France to seal billions-worth in deals with China but will push back against 'Belt and Road' project
France and China planned to sign trade deals worth billions of euros on Monday during a visit by Chinese President Xi Jinping but Paris will also take the opportunity to push back against Beijing's "Belt and Road" infrastructure initiative. President Emmanuel Macron wants to forge ...
During Europe visit, China's Xi Jinping seeks France's participation in 'Belt and Road' project
As he prepares to begin a three-day trip to France, Chinese President Xi Jinping said he is hoping to get France's cooperation "in the framework of the 'Belt and Road' initiative." In a letter published in the Le Figaro newspaper, Xi called for more trade ...
Chinese leader Xi to visit Europe in bid to boost trade amid row with U.S.
Chinese President Xi Jinping will make state visits to Europe from this week as he seeks to bolster trade relationships on the continent while trying to end a trade war with the U.S. Xi will travel to France, Italy and Monaco from Thursday to March ...
