Belt and Road Summit

China says don’t fear Belt and Road

Chinese President Xi Jinping sought Friday to bat away concerns about his ambitious Belt and Road Initiative (BRI), saying his global infrastructure project will have "zero tolerance" for corruption while vowing to prevent debt risks.In a speech kicking off the BRI summit, Xi also offered soothing remarks to the United States (US) over subsidies, the yuan and trade as the two sides head into fresh high-level talks next week.Xi's signature foreign policy aims to reinvent the anc

27 April 2019
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Belt and Road test for Europe

The complicated, hot-and-cold relationship between Europe and China takes another turn this week, as several European Union (EU) leaders break ranks to attend the Belt and Road summit in Beijing.The list of European leaders attending the showcase for China's global influence – held Thursday through Saturday – is dominated by eurosceptics and populists eager to vex Brussels, as well as countries hard-up for investments.Giussepe Conte, head of Italy's coalition government, will headli

25 April 2019
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China's Belt and Road gets a makeover

Chinese President Xi Jinping’s grand Belt and Road Initiative (BRI) is getting a makeover to tone down government rhetoric and tighten oversight, after allegations of corruption and a lack of sustainability dogged some of its highest-profile projects.Beijing is taking a range of steps to exert more control over the program, officials and participants said, including a more muted publicity drive, clearer rules for state-owned-enterprises, restricting use of the BRI brand, and building overseas

23 April 2019
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