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...
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...
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...