A new direction for China’s Belt and Road


Under fire: A file picture showing a Pakistani motorcyclist riding on a newly-built Pakistan-China Silk Road in Haripur, Pakistan. The shine is coming off Xi’s Belt and Road initiative with Pakistan (one of China’s closest allies) criticising Chinese lending terms — AP

“TO get rich, first build a road” is one of those Chinese proverbs that tends to impress foreigners – evoking, as it does, a combination of farsightedness and concern for practicalities.

As China is discovering with its globe-spanning Belt and Road project, though, the world doesn’t always play along.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , BRI

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read