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Home China’s Belt and Road Initiative should stop financing new coal power China’s Belt and Road Initiative should stop financing new coal power Ending the fuel’s use would help meet climate commitments and foster co-operation with western nations World Economy News 5 Jul 2021 • 3 min read The writer is associate professor of law at Beijing Foreign Studies University and author of ‘The Law and Governance of the Asian Infrastructure Investment Bank’ Last month, US President Joe Biden asked his G7 counterparts to back a worldwide i...

Hungary under Viktor Orban has been the most China-friendly country in the EU in recent years. That might be about to change – drastically.

European Union agrees to sanction Belarus after plane diversion May 25, 2021 / 6:40 AM / AP Belarus accused of "hijacking" opponent The European Union agreed Monday to impose sanctions against Belarus, including banning its airlines from using the airspace and airports of the 27-nation bloc. The decision comes amid fury over the nation's forced diversion of a passenger jet to arrest an opposition journalist. In what EU leaders have called a brazen "hijacking" of the Ryanair jetliner flying from Greece to Lithuania on Sunday, they also demanded the immediate release of the journalist, ...

The nearly one-week blockage of the Suez Canal last month by a giant 250,000-ton container ship once again raised the issue of the search for an alternative route for world shipping. After the Dutch-bound Ever Given got stuck due to a sandstorm while passing through the canal on March 24, it took six days to ...

  Pakistan and China established diplomatic relations on May 21, 1951. The first high-level official delegation visited China just after three months of liberation, on January 4, 1950. But the bonds of friendship have gone back to centuries-old trade relations, when Chinese traders travel through Pakistan on their business trips to the Middle-East, Europe, and the rest of the world through ancient Silk Route. Over 2,000 yers ago famous figures such as the monks Fa Xian and Xuan Zang traveled through areas which are today known as Pakistan.    This relationship was built on the strength of ...