Courtesy of The Wall Street Journal, a look at the growing number of China BRI infrastructure projects plagued with construction flaws, adding more costs to a program already criticized for leading countries deeper into debt: Built near a spewing volcano, it was the biggest infrastructure project ever in this country, a concrete colossus bankrolled by […]
Read more »Via The Washington Post, a report on US plans to begin discussions on regional economic cooperation with 11 Latin American nations: The Biden administration said Friday that it would begin negotiations with 11 mostly Latin American nations on an agreement designed to promote regional economic cooperation without offering greater access to the U.S. market for […]
Read more »Courtesy of The Guardian, a report on how Panama’s Colón free trade zone was meant to be hub for the Americas but, instead, has become a byword for drugs, gangs and violence: In the Colón Free Trade Zone, near the Caribbean entrance to the Panama Canal, the dated Perspex and glass buildings are emblazoned with brand names […]
Read more »Via AP News, a report on Nigeria’s Chinese-built and -funded $1.5 billion deep seaport in the commercial hub of Lagos which authorities hope will help grow the West African nation’s ailing economy: Nigerian President Muhammadu Buhari has marked the opening of a $1.5 billion, Chinese-funded deep seaport in the commercial hub of Lagos that authorities hope […]
Read more »Via Politico, a report on – in its effort to take on China’s BRI – recent EU decisions to prioritize 70 international infrastructure projects: The European Union’s riposte to China’s web of trade and infrastructure projects spanning the globe is finally getting real. Europe’s flagship Global Gateway projects seek to offer developing countries an alternative to […]
Read more »Courtesy of Nikkei Asia, a look at how ISIS-K has stepped up threats and attacks in Afghanistan as Beijing eyes the nation’s oil and copper: Escalating threats from Islamist militants are casting doubt on the future of big-money Chinese mining projects in Afghanistan. Earlier this month, Xinjiang Central Asia Petroleum and Gas (CAPEIC) signed a 25-year oil […]
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