Tag Archives | Belt and Road Initiative (BRI)

The report of the death of China’s Belt and Road Initiative [BRI] was an exaggeration, after all.

U.S. President Joe Biden’s Indo-Pacific Framework for Prosperity (IPEF) is the economic arm of his administration’s Indo-Pacific Strategy, aimed at countering China’s influence in the region.

Challenging the western monetary system, the Eurasia Economic Union is leading the Global South toward a new common payment system to bypass the U.S. Dollar.

In early March, Argentina’s government came to an agreement with the International Monetary Fund (IMF) on a $45 billion deal to shore up its shaky finances. This deal was motivated by the government’s need to pay a $2.8 billion instalment on a $57 billion IMF stand-by loan taken out under former President Mauricio Macri in 2018.

Washington has reactivated old cronies in Islamabad to unseat PM Imran Khan, but the latter has sown seeds of immense dissatisfaction with the old guard and their U.S. backers within the Pakistani public. And Khan’s domestic and foreign allies will not sit by idly either.

Last Thursday, the Acting Foreign Minister of the Taliban interim government Amir Khan Muttaqi made a stunning remark to greet the visiting Chinese Councilor and Foreign Minister Wang Yi in Kabul when he said, “This is the most important high-level delegation received by Afghanistan.”

Syria’s entry into China’s Belt and Road Initiative is to support its economic integration into West Asia and fortify its post-conflict recovery.

Cuba joined the Alliance for Energy of the Chinese Belt and Road Initiative (BRI), a project to build an international mega-platform for cooperation and exchange under the principle of shared profit.

After much talk, concrete frameworks and guidelines are finally arriving, and the stage is set for China to improve its green credentials on the Belt and Road.