Via Panda Paw Dragon Claw, commentary on the real economic impact of CPEC in Pakistan: As the Belt and Road turns 10, it is a good time to assess the successes and failures of the initiative. Such a task is far from simple, however, complicated by the fact that the initiative has ballooned to 148 […]
Read more »Via Modern Diplomacy, a look at CPEC and its future: The China-Pakistan Economic Corridor (CPEC) is not merely a development initiative; it’s a monumental journey of strategic partnership and economic cooperation between two significant players on the global stage. From its initial phase to its current development, the CPEC has continuously redefined the socio-economic landscapes […]
Read more »Via The Conversation, a look at how China’s Africa strategy is shifting from extraction to investment – driven from the industry-rich Hunan region: China experienced a massive economic boom in the 1990s and 2000s which increased its demand for resource imports, like oil, from Africa. This led to a model of development finance in which China funded infrastructure […]
Read more »Courtesy of STRATFOR’s Rane Worldview, a look at the mounting challenges to China and Pakistan’s CPEC ambitions: Despite worsening militancy in Pakistan, China will almost certainly continue its investment projects in the country to secure its strategic interests. But Pakistan’s economic pressures and intensifying violence will prompt further delays to these projects’ completion and exacerbate […]
Read more »Courtesy of Nikkei Asia, a report on how a costly new Chinese infrastructure investment in Guinea aimed at unlocking the world’s largest untapped source of iron ore: While China-Australia relations seem to be thawing, Beijing is slowly but surely moving to cut its dependence on Australian iron ore. Last Friday, mining giant Rio Tinto and […]
Read more »Via GPSWorld, an article on the strategic and economic impact of China’s BeiDou GNSS service: China’s BeiDou GNSS is newer, has more features, is more accurate, and has more satellites in the skies of more nations than the venerable U.S. GPS, according to Sarah Sewall, Executive Vice President for Strategic Issues at IQT. More than […]
Read more »