China s growing control over Sri Lanka infrastructure
02 Jul 2021, 14:37 GMT+10
Colombo [Sri Lanka], July 2 (ANI): China s increasing control over high-profile Sri Lankan infrastructure projects has renewed fears that the country may soon become a Chinese colony. This comes after the China Harbor Engineering Company (CHEC) won a new development project last month for a 17-km elevated highway in Colombo.
The terms of the deal allow CHEC to own the highway, recover the principal, earn profits and hand it over to the Sri Lankan government after 18 years. This makes the CHEC the first foreign company to own a highway in Sri Lanka, Nikkei Asia reported.
May 28, 2021 Share
A new report suggests that Chinese telecommunication firm Huawei has successfully secured contracts to provide cloud infrastructure in emerging economies in Asia, Africa and Latin America a strategy that could allow Beijing to harvest important and sensitive information for “coercive leverage.”
The move comes as many developed economies such as the United States, Australia, the United Kingdom and France are banning or restricting Huawei from their 5G networks.
The report, “Huawei’s Global Cloud Strategy Economic and Strategic Implications,” published by the Center for Strategic and International Studies (CSIS), a Washington think tank, identified 70 deals in 41 countries between Huawei and foreign governments or state-owned enterprises for cloud infrastructure and e-government services, a bundling that can cut administrative costs. The contracts were executed from 2006 until April 2021.
Tuesday, March 2, 2021 1:00 pm - 1:45 pm
China s political and economic influence in the Western Balkans is on the rise, fueled in part by a regional demand for infrastructure, which is satisfied by opaque deals in the ICT, energy, and transportation sectors. These projects present risks to good governance, economic growth, environmental sustainability, and digital security. Join CSIS for a virtual discussion of a new CSIS report which describes tools and actions critical for stakeholders to objectively evaluate and respond to these risks. The report concludes a three-part series which examined the nature and impact of Chinese economic influence in the Western Balkans and its implications for the region’s stability and Euro-Atlantic aspirations.