BELT AND ROAD

May 28 2025FINANCE

The Hidden Burden: Developing Countries and China's Loans

A significant financial challenge is looming for many developing nations. By 2025, these countries will face a massive debt repayment to China. This debt comes mostly from loans given out during the peak of China's Belt and Road Initiative, which started in 2013. The initiative aimed to connect Asia, Africa, and the Americas through infrastructure projects like ports...

reading time about 2 minutes
Mar 17 2025POLITICS

Serbia's Students Stand Up

The recent protests in Serbia have a lot of people talking. It all started with a tragic accident at the Novi Sad train station. This station, built way back in 1964, was finally getting some much-needed upgrades. The upgrades were part of China's big plan, the Belt and Road initiative. This plan aims to connect cities across Europe and Asia, making travel faster and...

reading time about 2 minutes
Feb 07 2025POLITICS

Panama's Canal Gambit: A Waterway Sandwiched Between Superpowers

Panama's relationship with China and the United States is heating up. In a sudden turn of events, Panama has decided not to renew a major infrastructure deal with China, citing pressure from the United States to reduce Chinese influence over the Panama Canal, a critical pathway for global trade. China, on the other hand, is not happy about this development. Beijing...

reading time about 1 minute
Feb 04 2025POLITICS

Panama Pulls Away from China’s Global Network

Panama is taking a big step back from China's global investment plan. The country decided not to renew a 2017 deal with China's "Belt and Road Initiative. " This decision came after Panama President José Raúl Mulino met with US Secretary of State Marco Rubio. In 2013, China began this initiative to invest heavily in foreign infrastructure. The initiative has been a b...

reading time about 2 minutes
Nov 11 2024BUSINESS

Why China and Saudi Arabia are Becoming Travel Buddies

Imagine this: Just half a year ago, flying from China to Saudi Arabia was a hassle. Now, there are five new direct routes! This isn't just about making travel easier; it's part of a bigger story. China's Belt and Road Initiative is teaming up with Saudi Arabia's Vision 2030. This means more flights, more tourists, and more business. In 2019, Saudi Arabia started givi...

reading time about 1 minute