The many motivations behind Xi Jinping’s key foreign policy
On October 17th officials from at least 90 countries are expected to arrive in Beijing for a two-day diplomatic festival. The occasion is a summit organised by Xi Jinping, China’s president, to celebrate the tenth anniversary of the Belt and Road Initiative , his most ambitious foreign-policy programme. It involves China financing billions of dollars of investment in roads, railways and other infrastructure across Eurasia and Africa.
More than 150 countries have signed up to the scheme, including 18 of the EU’s 27 members. That helped make China the developing world’s largest creditor, boosting its diplomatic and geopolitical clout. It has also brought concrete benefits to many developing countries, where roads and railways would otherwise have gone unbuilt. Yet the BRI’s progress has slowed. During the programme’s early years, China lent recklessly to poor countries without proper assessments of risk.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Government urged to block Greater Manchester's big plans to build on green beltThe controversial plan involves building 175,000 homes in Greater Manchester, including on the green belt, over a 25-year period
Read more »
Hull's green spaces 'vulnerable' to developersHull is the second-largest city in the country with no Green Belt, campaigners say.
Read more »
As Xi Celebrates 10 Years of ’Belt and Road,’ the ’Project of the Century’ Faces Uncertain FuturePeople walk past a decoration for the third Belt and Road Forum for International Cooperation in Beijing, Oct. 15, 2023.
Read more »
Putin Visits Beijing to Emphasize Russia-China Friendship Amid Wars in Ukraine and GazaRussian President Vladimir Putin arrives at Beijing Capital International Airport to attend the third Belt and Road Forum on Oct. 17, 2023.
Read more »
Scots road closed after major crash as public urged to avoid areaMcCallum Avenue in Rutherglen is lockdown following a collision this afternoon.
Read more »
Scots road closed as fire crews battle blaze on A96 after car goes up in flamesTwo crews tackled the vehicle fire in Aberdeenshire this afternoon.
Read more »