One Belt
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Conflicts - Tensions
U.S. commits $553 million to Sri Lanka port expansion
FORUM Staff The United States International Development Finance Corp. (DFC) has committed more than $500 million toward development of a deep-water shipping container terminal in the Port of Colombo, Sri Lanka, the agency announced in November 2023. The $553 million package provides financing to Colombo West International Terminal Private Ltd. for the West Container Terminal. The project partners also include…
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Conflicts - Tensions
Unpacking China’s Economic Statecraft
Peter Connolly Chinese Communist Party (CCP) General Secretary Xi Jinping met eight Pacific Island leaders in Port Moresby on November 16, 2018, and elevated their relationships to “comprehensive strategic partnerships.” Xi then encouraged those who had not joined his Belt and Road Initiative (BRI) to do so. Papua New Guinea (PNG) had led the way by signing a BRI memorandum…
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Asymmetric Threats
One Road, Big Debts
Chinese Infrastructure Scheme Leaves Trail of Buyers’ Remorse
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Conflicts - Tensions
One Belt, One Road project in Indonesia plagued by delays, environmental impact, economic uncertainties
Gusty Da Costa Project delays, the consequences of predatory lending and environmental concerns created by the People’s Republic of China’s (PRC’s) One Belt, One Road (OBOR) plan have plagued the construction of a high-speed railway between Indonesia’s largest city and capital, Jakarta, and its second-largest metropolis, Bandung. Economists, elected officials and environmentalists have voiced apprehensions over the project. The long-standing…
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