With Xi Jinping’s visit to Riyadh, China and Saudi Arabia are signaling to the U.S. that the era of American dominance is over.
Belt and Road Initiative
As China’s Belt and Road Initiative wanes, its neighbors Kyrgyzstan, Nepal, and Pakistan seek financing for rail projects they cannot afford.
China’s Belt and Road Initiative (BRI) continues its downward slide in 2022 as spending on new projects declines and Chinese…
Uganda’s airport expansion deal with China is yet another cautionary tale about Chinese lending.
Studies reveal that the true amount of sovereign debt owed by recipients of Chinese lending is vastly underreported.
Tajikistan is hooked on the Chinese economy. It’s now taking risky security advice from Beijing.
The debt alarm being set off by international debt management organizations is exaggerated.
Iran’s attractiveness to Central Asian nations increases the Islamic republic’s importance to the Belt and Road, China’s infrastructure, transportation and energy-driven initiative to connect the Eurasian landmass to Beijing.
What do these three things have in common: a Kyrgyz gold mine, a Malaysian Ponzi scheme, and canned camel milk?
The Kyrgyz government rushed a tender. It didn’t go well.