The sectors targeted by the restriction do not concern investment projects here, which are mostly infrastructure and energy-related.
There are several reasons why China finally takes part in a cooperation framework with the lower Mekong countries. One of them is allow China to enter a ‘damage control’ diplomacy.
Chinese companies have told us we need to carry out large-scale production if we want to supply the railway and other development projects in the province: province governor
On Thursday, October 12th, policy makers from across Europe and Asia will join World Bank Group President for an event that examines BRI’s challenges and opportunities.
“If construction goes ahead as planned, it will be the largest development in the province and in Laos,” says Champasak Provincial Governor Bounthong Divixay.
Laos and Cambodia are often seen as little more than political twins who have chosen to reap economic benefits from China in exchange for their loyalty to the Middle Kingdom.
China’s vice premier Zhang Gaoli has said Cambodia will benefit from the expansion of his country’s flagship Belt and Road Initiative.
China’s Belt and Road Initiative Is moving ahead swiftly, with a major summit recently concluding in Hong Kong under the banner, “from vision to action”.
Hong Kong’s Chief Executive Carrie Lam visits Myanmar this week in an effort to step up its game in ASEAN and is expected to promote Beijing’s Belt and Road Initiative.
Our weekly News Digest curates news, commentary and resources on development, its environmental and social impacts, and the context affecting the Mekong region.