China Harbour Engineering Company (CHEC) said on its WeChat public account on Tuesday that it has won a bid to build the east terminal at Colombo Port, which aims to boost throughput and the port’s role as a transshipment hub in South Asia. The new terminal is scheduled to be completed within 36 months. It .
MoA - June 2018 moonofalabama.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moonofalabama.org Daily Mail and Mail on Sunday newspapers.
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In the Middle East and North Africa, there is increasing interest in collaborating with Chinese enterprises in investment and development of infrastructure. China is also keen to reorient the global economy to place China at the centre of world commerce through its Belt and Road Initiative. The “Belt” is short for the “Silk Road Economic Belt,” the proposed network of overland routes for road and rail transportation. The “Road” is the “21st Century Maritime Silk Road” a network of ports and related installations throughout the world even including the polar Arctic (“the Polar Silk Road”).
Satellite image of a forced labor camp in Xinjiang, China. (Source: International Cyber Policy Centre, Australian Strategic Policy Institute)
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June 27, 2018
China s Port In Sri Lanka s Is Good Business - The NYT s Report On It Is Propaganda China s financial imperialism is a relatively new genre in western journalism. China is providing loans to other countries to build infrastructure. If those countries can not pay back the loans, China offers to lease and manage the infrastructure built with its money. That somehow is supposed to create a debt trap for vulnerable countries .
Yesterday the
New York Timeslamented about Sri Lanka s Hambantota Port Development Project:
Over years of construction and renegotiation with China Harbor Engineering Company, one of Beijing’s largest state-owned enterprises, the Hambantota Port Development Project