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Top News In சிஇஎன்டியுவ்ஆர்ஒய் கடல் பட்டு சாலை Today - Breaking & Trending Today

China's BRI hits a boulder in Australia - New Delhi Times - India's Only International Newspaper


May 2, 2021
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China’s push to expand influence through the Belt and Road Initiative (BRI) has antagonised Australia. Beijing started its global infrastructure development strategy (BRI) in 2013 which has so far spread to nearly 70 countries and international organizations across Asia, Europe, and Africa.
‘Belt’ implied Silk Road Economic Belt the overland road and rail routes through landlocked Central Asia along the famed historical trade routes. ‘Road’ meant the 21st Century Maritime Silk Road along the Indo-Pacific Sea routes through Southeast Asia to South Asia, the Middle East and Africa, stretching from East Asia to Europe. The BRI investments covered ports, skyscrapers, roads, railroads and tunnels, airports and dams to significantly expand China’s economic and political influence. ....

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Xiamen a Hotbed for Investment


Xiamen a Hotbed for Investment
XIAMEN, China, April 29, 2021 /PRNewswire/ This is a news report from China Daily:
A global investment promotion conference marking the 100th anniversary of the founding of Xiamen University was held in Xiamen, East China s Fujian province, on April 7.
Agreements for 32 major industrial projects were inked, involving a combined investment of 43.9 billion yuan ($6.7 billion). Eleven of the projects are worth more than 1 billion yuan each and cover various fields such as semiconductors, bio-medicine, hotels, and modern logistics.
A program to encourage XMU s alumni to invest in Xiamen was also launched at the conference, aiming to attract the alumni to contribute to the city s high-quality development by bringing in more resources. ....

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China Reacts To Australia's Cancellations Of Victoria State-China Deals On Belt And Road Initiative


China Reacts To Australia s Cancellations Of Victoria State-China Deals On Belt And Road Initiative
April 29, 2021 | By Heath Sloane
Introduction
On April 21, 2021, Australian Foreign Minister Marise Payne announced that Canberra had revoked two major accords between the Australian State of Victoria and China, effectively terminating Australia s limited participation in China s Belt and Road Initiative (BRI).[1]
In a press release, Payne pointed to a Memorandum of Understanding (MoU) between the Government of Victoria and China s National Development and Reform Commission on Cooperation within the Framework of the Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative, signed October 8, 2018. He also noted the Framework Agreement between the Government of Victoria and China s National Development and Reform Commission of the People s Republic of China on Jointly Promoting the Framework of the Silk Road Economic Belt and the 21st Century Ma ....

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