Economy - Page 55

China Faces $50 Billion ‘Belt and Road’ Shortfall in Southeast Asia

The Lowy Institute of Australia published a report on Wednesday that found China’s funding for its Belt and Road Initiative (BRI) projects in Southeast Asia is about $50 billion short of its commitments, apparently due to a variety of causes, from political instability in BRI countries to reduced demand for fossil fuel projects.

This aerial photo taken on April 26, 2023, shows a construction site of the East Coast Rai

Shares of Truth Social Buyer DWAC Jump 20%

Shares jumped higher on Monday after the deal to acquire Truth Social’s parent was a approved and a New York appeals court reduced the amount Donald Trump would have to pay to appeal N.Y. Attorney General Letitia James’ case against him.

American flag displayed on a screen and Donald Trump account on Truth Social displayed on