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Philippines-China relations: as Manila cancels billions in Chinese rail funding, are South China Sea tensions to blame?

In scrapping US$5 billion worth of rail projects, the Philippines cited Chinese foot-dragging over financing – but observers speculate it was Manila’s refusal to back down in the South China Sea that caused Beijing to hold back on the cash.
United States Republic Of Sri Lanka South China Sea Brunei General Scarborough Shoal
Source: scmp.com

China's belt and road pivots to 'small yet smart' projects with 'modest' US$107 billion financing pledge

Xi Jinping says Beijing will spend less on loans than in previous years while stressing green, low-cost programmes, signalling China is seeking ‘more bang for its buck’ in global infrastructure strategy, observers say.
Aly Khan Satchu Zhou Yuyuan David Shinn Benjamin Barton Centre For West Asian China National Administration Of Financial Regulation
Source: scmp.com

Kazakhstan remains central to Beijing's plans for belt and road as China sets sights on Europe

It was in Kazakhstan where Chinese President Xi Jinping first proposed the Belt and Road Initiative a decade ago - a move which has since seen Beijing bankroll billions of dollars worth of projects around the globe. Now, the central Asian nation is again taking centre stage, with it expected to be a crucial part of the initiative's next phase as Beijing's ambitions turn to growing its influence in Europe, one of its key markets. Kazakhstan, the world's largest landlocked country, ...
United Kingdom United States City Of Caspian Sea Oceans General David Shinn
Source: yahoo.com

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