Three quarters of the world population, over half of the total wealth of the globe. Now a bri project could be a railway and tenure, a port in sri a bridge in the maldives. The largest project so far has been the china pakistan corridor. A 60 billion network of Roads Railways and pipelines, going through a density Mountain Pass on the china pakistan border. The second thing you need to know is that it has two official names. 0ne is that it has two official names. One for inside china and one for outside. Initially it was called one built one road which sounds great in chinese. The problem is in english it sounds a bit bossy, that china is dictating to the rest of the world. So a few years ago the official english name was changed to the slightly bland but definitely less threatening belt and road initiative. The third thing is that it is controversial for some. China has ploughed more than 1 trillion into developing countries. There are trains, airports and roads that literally would n
Which could be approved this week. But its far from straightforward. Ben croucher has been looking at some of the unanswered questions. Right, lets take you back to november last year where Manchester United said they were at lowering Strategic Alternatives that included selling the club. It came off the big protest against the owners, glazes, and that ill fated European Super League saga. Yeah big bidders emerge, Sirjim Ratcliffe and owner of ineos and Sheikh Jassim, owner of one of qatars biggest bank. United set a soft deadline of 17 february or initial bids and then another deadline in march that was later extended stop both Sheikh Jassim and radcliffe put together new proposals, radcliffe and ineos 1161 proposals, radcliffe and ineos 461 Sheikh Jassim for 100 . Then, after some of silence, Sheikh Jassim pulls out. Summer. As managers united are listed on the New York Stock Exchange we can see they are worth around £2. 6 billion. Earlier this year forbes valued them nearerfor bill
Of the globe. Now a bri project could be a railway in kenya, a port in sri lanka, a bridge in the maldives. The largest project so far has been the china Pakistan Economic corridor. A 60 billion network of Roads Railways and pipelines, going through a deserty Mountain Pass on the china pakistan border. The second thing you need to know is that it has two official names. One for inside china and one for outside. Initially it was called one belt, one road which sounds great in chinese. The problem is in english it sounds a bit bossy, that china is dictating to the rest of the world. So a few years ago the official english name was changed to the slightly blander but definitely less threatening belt and Road Initiative. The third thing is that it is controversial for some. China has ploughed more than 1 trillion into developing countries. There are trains, airports and roads that literally would not exist were it not for chinese investment. Ultimately, nothing comes for free. Is it a so c
This weekend, talks broke down with Sheikh Jassim of qatar, who was behind a five billion pound bid, paving the way for british billionaire sirJim Ratcliffes offer, which could be approved this week. But its far from straightforward. Ben croucher has been looking at some of the unanswered questions. Right, lets take you back to november last year where Manchester United said they were at exploring Strategic Alternatives that included selling the club. It came off the big protests against the owners, the glazers, and that ill fated European Super League saga. Two main bidders emerge, united fan sirJim Ratcliffe, and owner of petrochemicals giant ineos, and Sheikh Jassim, chairman of one of qatars biggest banks. United set a soft deadline of 17 february for initial bids, then another deadline in march that was later extended. Both Sheikh Jassim and ratcliffe put together new proposals. Ratcliffe and ineos for 61 of the club, ratcliffe and ineos for 69 of the club, Sheikh Jassim for 100 .
Half the globe s total wealth. Now a bri project could be a railway in kenya, he could be a port in sri lanka, a bridge in the maldives, the largest project so far has been the china Pakistan Economy corridor. It goes through kunz or rob, which is a Desert Mountain pass on the china pakistan border. The second thing you need to know is that it has two official names, one for inside china and one for outside china. Now initially was called one belt, one road four which sounds great in chinese, a grand plan led by china. The problem is in english, that sounds bossy, like china is dictating to the rest of the world. So if you years ago, the name was changed to the slightly blender but less threatening bell and road initiative. The third thing is that its controversial for some, china has ploughed more than 1 trillion. Their airports and roads that would not exist were it not for chinese investment. But ultimately nothing comes for free. It is in a so called debt trap, where the recipient