New Delhi, Sep 16 (SocialNews.XYZ) Giving China a renewed status in contemporary times, its president Xi Jinping’s brainchild One Belt One Road (OBOR) is a massive development project that was announced in 2013. With the…
New Delhi, Sep 16 (SocialNews.XYZ) Italy’s withdrawal would deal another blow to the Belt and Road Initiative (BRI), which has already been scaled back as recipient countries grapple with debt distress, Chinese banks seek to…
New Delhi, Sep 16 (SocialNews.XYZ) As Italy clearly indicated during the sidelines of the recently concluded G20 Delhi summit, that it plans to quit China’s Belt and Road Initiative (BRI), it reaffirmed the gradually evolving…
Washington, Sep 17 (SocialNews.XYZ) IMEC, a new acronym born during the recent G20 meeting in Delhi, is the most ambitious project yet undertaken under the Partnership for Global Infrastructure and Investment (PGII), the US-led West’s response…
New Delhi, Sep 16 (SocialNews.XYZ) In a significant development which could have far reaching geopolitical ramifications, the India–Middle East–Europe Economic Corridor (IMEC) was announced at the recently concluded G20 Summit in New Delhi. A Memorandum…
New Delhi, Sep 16 (SocialNews.XYZ) Many analysts have characterised Chinese lending through the Belt and Road Initiative (BRI) as “debt trap diplomacy” designed to give China leverage over other countries and even seize their infrastructure…
Islamabad, Sep 16 (SocialNews.XYZ) China’s ‘One Belt One Road’ (OBOR) initiative is one of the world’s biggest financial investment and trade initiatives through an ambitious economic development and commercial connectivity among multiple countries spread across…
New Delhi, Sep 16 (SocialNews.XYZ) BRI countries are increasingly opting for bailouts from the International Monetary Fund (IMF), even though they often come with tough conditions, rather than trying to negotiate further relief from Beijing,…