Australian Prime Minister Scott Morrison is seeking new powers to veto or scrap agreements that state governments reach with foreign powers, in a move primarily aimed at shaking off China’s ability to gain influence in the country through its Belt and Road initiative (BRI).
Compiled By Chris Devonshire-Ellis Analysis & Opinion Is China’s Belt & Road Initiative Strategic? Perhaps Not (The Diplomat) China On Influence Offensive Through Belt & Road Soft Powerplay (Guardian) China’s Belt & Road Trade Initiative Can Help Global Economy Recover In Post-Covid Era (South China Morning Post) China’s Covid-19 Travel Restrictions – An Explainer (China[…..]
Argentina could become the biggest economy in Latin America to join the Belt and Road Initiative (BRI), an action that would allow its heavily indebted government to deepen trade and investment ties with China even further. Argentina is one of the main economies, after Brazil, in the Mercosur trade bloc, which includes directly or via[…..]
Future Implications Over Panama Canal Trade As China Probes US Weak Spot Op/Ed by Chris Devonshire-Ellis U.S. State Secretary Mike Pompeo has issued sanctions against employees of the China Communications Construction Company (CCCC) calling it “One of the leading contractors used by Beijing in its global ‘One Belt One Road’ strategy, engaged in corruption, predatory financing,[…..]
Discusses Belt & Road Activity in South America and the Impact of Covid-19 On BRI Projects Worldwide Dezan Shira & Associates Chairman and Belt & Road Academic Chris Devonshire-Ellis has been interviewed by Brazil’s top financial and business newspaper Valor.
Denis Manturov, the Russian trade minister has called on the members of the BRICS nations: Brazil, Russia, India., China and South Africa to increase the volume of settlements in national currencies to be more independent from Washington’s policies. Manturov suggested the possibility of boosting non-dollar settlements during a videoconference with fellow BRICS trade ministers on Monday.[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion Debunking The Myth Of ‘Debt Trap Diplomacy’: How Recipient Countries Shape China’s Belt & Road Initiative (Chatham House) China’s Belt & Road Initiative Turns Risks Into Opportunities (CGTN) The Belt & Road Initiative: Keeping The Plates Spinning (International Policy Digest) China Launches Surveillance Communications Satellite To Track BRI[…..]
UN Economic Commission For Energy Infrastructure Explains The Rationale Dr. Robert Lisinge, the United Nations Economic Commission for Africa’s chief for energy, infrastructure has been speaking at a virtual symposium on the impact of China’s BRI on AfCFTA infrastructure development, and has stated that Africa will need China’s involvement if the implementation of the African Continental Free Trade[…..]
The implementation of the African Continental Free Trade Area (AfCFTA) has been pushed back from its original intended start of July 1 this year. AfCFTA is a free trade area which, as of 2018, includes 28 countries and was created by the African Continental Free Trade Agreement among 54 of the 55 African Union nations. The free trade area is the largest in the world in[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion Reshaping Supply Chains Away From China (The Asset) BRI And Indo-Pacific Geopolitics Of Multilateralism (Eurasia Review) China, The BRI And Tik-Tok Teens (Eurasia Review)