Belt and Road Initiative - Page 2

China Plays Both Sides in Sudan Conflict, Hoping to Swoop in with Investments Later

Voice of America News (VOA) reported on Tuesday that while the international community is nervously monitoring the brutal war between factions of the Sudanese junta and scrambling to deal with the ensuing humanitarian disaster, Communist China is moving full speed ahead with plans to “advance its own interests” in Sudan’s oil and mineral resources.

Xi Jinping

Belt and Road Victim Zambia Sees Finances Implode After Early Pension Payout

The Zambian government passed a law on April 17 that allows citizens to cash out up to 20% of their pensions early. The resulting hit to government finances as claimants raced to pull some $300 million out of the National Pension Scheme Authority (NAPSA) is threatening to topple Zambia’s finances, and endangering a debt relief deal it has been working on since 2020.

Chinese President Xi Jinping (Left) meets Zambia's President Edgar Chagwa Lungu (Right) at

China Promises to Pour Money into Rebuilding Post-War Ethiopia

Chinese Foreign Minister Qin Gang vowed on Friday that his country would invest heavily in the “post-war reconstruction” of Ethiopia, which recently exited a two-year war between its government, supported by neighboring Eritrea, and the Tigray People’s Liberation Front (TPLF).

Ethiopian security

Report: China Exporting Weapons and Mercenaries to Africa

A report by the Rand Corporation on the growing influence of China and Russia in Africa found that Beijing is not far behind Moscow in exporting weapons and private military contractors to African nations, especially those participating in China’s Belt and Road Initiative (BRI).

China shows off tanks in simulated battle for Taiwan

China Calls Strong U.S. Dollar a ‘Crisis’

China’s state-run Global Times on Tuesday denounced the strong U.S. dollar as a “crisis” for the rest of the world because it increases the “financial risks facing emerging markets” and allegedly makes it harder for other nations to implement anti-inflationary policies.

Face to face of US dollar banknote and China Yuan banknote