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Xi Jinping's BRI Speech at Bo'ao Forum for Asia Reveals CCP's Global Ambitions


Xi Jinping’s BRI Speech at Bo’ao Forum for Asia Reveals CCP’s Global Ambitions
News Analysis 
Xi Jinping, leader of the Chinese Communist Party (CCP), delivered a speech at the Bo’ao Forum for Asia (BFA) 2021 via video on April 20, promoting the CCP’s Belt & Road Initiative (BRI) also known as “One Belt, One Road” (OBOR) and the expansion of communism.
The Bo’ao Forum for Asia (BFA) 2021, which is an annual event, was held from April 18 to 21 in Bo’ao, Hainan Province, China.
At the beginning of his speech, Xi said that the annual forum was held in a “very special background,” and that its theme was “A World in Change: Join Hands to Strengthen Global Governance and Advance Belt and Road Cooperation,” which “is most opportune and relevant under the current circumstances.” ....

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Oil Change International response to Biden Administration announcements on international finance


Oil Change International
FOR IMMEDIATE RELEASE
As part of its
announced during today’s Leaders Summit on Climate, the Biden Administration committed to “end international investments in and support for carbon-intensive fossil fuel-based energy projects” at multilateral and bilateral finance agencies such as the U.S. International Development Finance Corporation and U.S. Export-Import Bank. 
While welcome, the announcement fell short of other recent commitments by other institutions and countries. In response to the announcement,
Collin Rees, Senior Campaigner at Oil Change International
made the following statement: 
“Today’s announcement by President Biden on international finance for fossil fuels is a welcome step, but the lack of firm commitments falls short of what’s needed. This is a missed opportunity to end a harmful U.S. climate legacy abroad and add to the growing momentum of other institutions ruling out all public finance fo ....

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