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China sees only short-term COVID-19 impact on Southeast Asia economies

Reuters
Posted at Feb 21 07:31 PM

Bank Indonesia on Thursday joined Thailand's and the Philippines' central banks in cutting interest rates to ward off the impact of the virus outbreak on their economies. Read more »

Coronavirus slows China's Belt and Road push

Keith Zhai and Matthew Tostevin, Reuters
Posted at Feb 18 05:28 PM

Travel restrictions to prevent the spread of the disease have idled much of the world's second-largest economy and choked key elements of Xi's signature Belt and Road Initiative. Read more »

Sri Lanka president likely to reboot China ties: experts

Simon Sturdee, Agence France-Presse
Posted at Nov 19 02:43 PM

With the Rajapaksas clan now back, Beijing will likely be too, experts say.   Read more »

Locsin: West PH Sea gas exploration has to be with China 'unless other people step up'

ABS-CBN News
Updated as of Sep 04 01:28 PM

The Philippines has to explore with China gas and oil reserves believed to be sitting deep beneath West Philippine Sea "unless other people step up", Foreign Affairs Secretary Teodoro Locsin, Jr. said Wednesday.  Read more »

China-funded infra projects can move faster: transport chief

ABS-CBN News
Posted at Jul 26 05:15 PM

The Department of Transportation is facilitating the construction of at least 3 China-funded railway projects -- the PNR South Railway project, the Clark-Subic Railway project, and the Mindanao Railway project. Read more »

Malaysia resumes $10-B China-backed rail project

Agence France-Presse
Posted at Jul 25 02:44 PM

KUALA LUMPUR - Malaysia on Thursday restarted a $10-billion, China-backed rail project that is part of Beijing's global infrastructure drive following its suspension last year when a corruption-plagued government was ejected from power. Read more »

Xi says more nations joining Belt and Road, $64 billion in deals signed

Elizabeth Law and Ryan McMorrow, Agence France-Presse
Posted at Apr 27 09:27 PM

The US, India and some European nations have looked at the project with suspicion. Washington did not send any representatives to the meeting. Read more »

China's Xi says Belt and Road must be green, sustainable

Brenda Goh and Cate Cadell, Reuters
Posted at Apr 27 04:26 PM

BEIJING - China's Belt and Road Initiative (BRI) must be green and sustainable, President Xi Jinping said in opening a summit on his grand strategy, adding that the massive infrastructure and trade plan would deliver "high-quality" growth for all. Read more »

Duterte vows to defend international order as PH joins Belt and Road

Arianne Merez, ABS-CBN News
Posted at Apr 26 05:11 PM

MANILA - President Rodrigo Duterte vowed Thursday to uphold the Philippines' independent foreign policy as the country sought deeper involvement in China's Belt and Road Initiative. Read more »

China's Xi defends Belt and Road, says 'not exclusive club'

Agence France-Presse
Posted at Apr 26 11:44 AM

BEIJING - Chinese President Xi Jinping sought Friday to ease growing concerns about his ambitious Belt and Road Initiative, vowing to prevent debt risks and saying his global infrastructure project "is not an exclusive club". Read more »

Panelo: China’s Xi commits P7.7-B grant to PH, more fruit imports

Arianne Merez, ABS-CBN News
Posted at Apr 25 11:02 PM

MANILA - Chinese President Xi Jinping committed Thursday to a P7.7-billion (1 billion yuan) grant to the Philippines under its Belt and Road Initiative, Malacañang said. Read more »

China seeks to allay Belt and Road debt concerns

Kevin Yao, Reuters
Posted at Apr 25 12:18 PM

The policy championed by Chinese President Xi Jinping has become mired in controversy, with some partner nations bemoaning the high cost of projects, though China has repeatedly said it is not seeking to trap anyone with debt. Read more »

Duterte off to China as PH seeks role in Belt and Road initiative

Arianne Merez, ABS-CBN News
Updated as of Apr 24 07:59 PM

President Rodrigo Duterte left for China on Wednesday afternoon to attend the second Belt and Road Forum as the Philippines awaits on whether he would raise Manila’s concerns over the rising tensions with Beijing over the disputed South China Sea. Read more »

Courting China again: What’s on the line for Duterte in Beijing return

Arianne Merez, ABS-CBN News
Posted at Apr 24 12:42 PM

MANILA - President Rodrigo Duterte is set to return to China for the fourth time in his nearly 3-year presidency with the backdrop of rising tensions between Manila and Beijing over disputed areas in the South China Sea. Read more »

China wins Belt and Road fans but criticism persists

Ryan McMorrow, Agence France-Presse
Posted at Apr 23 12:40 PM

BEIJING - President Xi Jinping will lead a hard sales push at a Beijing summit this week, to corral more countries into a global infrastructure project at the core of China's superpower ambitions and win over those who see a strategic threat. Read more »

Arroyo hails China development as alternative to Western model

ABS-CBN News
Posted at Mar 31 03:04 PM

Arroyo said that the rapid growth of China in the past 2 decades has shown that "no development model can be applied universally and that the diversity of historical conditions determines the development paths that countries could choose." Read more »

France seals multibillion dollar deals with China, but questions Belt and Road project

Marine Pennetier and John Irish, Reuters
Posted at Mar 26 05:00 AM

PARIS - France and China signed deals worth billions of euros on Monday, including a huge Airbus plane order, during a visit by Chinese President Xi Jinping, despite Paris pushing back against Beijing's "Belt and Road" infrastructure initiative. Read more »

China's Xi to visit Italy, France as Rome joins new 'Silk Road'

Agence France-Presse
Posted at Mar 19 08:24 AM

Beijing has financed infrastructure, maritime, rail and road projects in Asia, Africa and Europe, but critics warn that it mainly benefits Chinese firms while setting up a "debt trap" in more financially vulnerable countries. Read more »

Southeast Asia wary of China's Belt and Road project, skeptical of US - survey

Reuters
Updated as of Jan 07 02:46 AM

Southeast Asian countries should be cautious in negotiating with China on its flagship Belt and Road Initiative (BRI) to avoid being trapped in unsustainable debt, 70 percent of respondents said in a policy survey released on Monday. Read more »

Maldives says China is building projects at inflated prices

Sanjeev Miglani, Reuters
Posted at Nov 27 12:11 AM

President Ibrahim Mohamed Solih's administration is reviewing contracts awarded by his predecessor. Most went to Chinese firms and are feared to have left the country in debt. Read more »