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Nine Pacific Nations to 'Deepen Exchanges' With Beijing

Leaders from nine Pacific Island nations have vowed to deepen their relationship with Beijing, fight the pandemic, and . ....

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How Australia and US Can Combat China Influence in Pacific: Expert

Australian academic Prof. James Laurenseson says Australia and the United States need to increase their engagement with Pacific island . ....

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Australia to Spend $300 Million in Pacific to Combat Beijing Money

Australia to Spend $300 Million in Pacific to Combat Beijing Money
The Australian government has committed to spending $300 million (US$232 million) on infrastructure projects in the Pacific region as a way to combat Beijing’s predatory lending in the region.
In a report by The Sydney Morning Herald and The Age, it was revealed that the move is part of Australia’s Pacific step-up efforts and includes a raft of loans and grants for upgrading telecommunications, transport, health facilities, and power projects.
Federal Minister for International Development and the Pacific Zed Seselja told the Herald that Australia is looking into a substantial pipeline of investment in the Pacific region. ....

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Pacific island nations turn to Beijing-backed AIIB as COVID-19 sinks economies

Pacific island nations turn to Beijing-backed AIIB as COVID-19 sinks economies
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The Asian Infrastructure Investment Bank headquarters in Beijing, China. (File photo: REUTERS/Tingshu Wang)
25 Jan 2021 09:42AM
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SYDNEY: Pacific island nations are turning to China-led agencies to plug funding gaps in their pandemic-ravaged budgets after exhausting financing options from traditional Western partners, stoking fears the region is becoming more dependent on Beijing.
The Cook Islands, a tiny country of around 20,000 people in the South Pacific, turned to the Beijing-backed Asian Infrastructure Investment Bank (AIIB) late last year after loans from the US and Japanese-led Asian Development Bank (ADB) and grant from close ally New Zealand fell short. ....

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Pacific island nations turn to Beijing-backed AIIB as pandemic sinks economies

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SYDNEY/WELLINGTON (Reuters) - Pacific island nations are turning to the China-backed AIIB development bank to plug funding gaps in their pandemic-ravaged budgets after exhausting financing options from traditional western partners, stoking fears the region is becoming more dependent on Beijing.
FILE PHOTO: The sign of Asian Infrastructure Investment Bank (AIIB) is pictured at its headquarters in Beijing, China July 27, 2020. REUTERS/Tingshu Wang/File Photo
The Cook Islands, a tiny country of around 20,000 people in the South Pacific, turned to the Asian Infrastructure Investment Bank (AIIB) late last year after a loan from the Asian Development Bank (ADB) and a grant from close ally New Zealand fell short, two sources with knowledge of the talks said. ....

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