China stopping coal funding could power down Zimbabwe s energy plans – or renew them zimbabwesituation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zimbabwesituation.com Daily Mail and Mail on Sunday newspapers.
China Stopping Coal Funding Could Power Down Zimbabwe s Energy Plans newzimbabwe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newzimbabwe.com Daily Mail and Mail on Sunday newspapers.
The big infrastructure plan unveiled by President Joe Biden last week is meant to do more than revive America's decaying infrastructure and create jobs. The United States would like to prove that democracies can do big projects and challenge Beijing's all-but-official stance that the West is in a long-term decline. Other countries around the world are also looking to ramp up
The post virus BRI: Deader than a Dodo? - The Sunday Guardian Live sundayguardianlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sundayguardianlive.com Daily Mail and Mail on Sunday newspapers.
One Belt One Road project stalls as China’s economy fights out Covid-19
The pandemic has taken a toll on China’s ambitious Belt Road Initiative (BRI), so much so that it is now becoming financially inviable, ANI reports quoting the Kabul Times.
Chinese President Xi Jinping’s dream of setting a new world order has come crashing, the agency said, adding that the country has been forced to cut back on new loans and investments under the BRI due to the country’s shrinking economy, thanks to Covid-19.
Chinese investment has reduced to $47 billion in 2020 a whopping slump of 54 per cent in just one year, observed the Green Belt and Road Initiative Centre, a research organisation.