BEIJING, May 29 (APP):Chinese experts said that the continuously strengthened cooperation in the China-Pakistan Economic Corridor (CPEC) under the Belt and
A ministerial meeting for the Indo-Pacific Economic Framework (IPEF) kicked off on Thursday with representatives from the US and 13 other countries gathering to discuss the scope of planned negotiations. However, observers said that without touching on core issues that member states care about or bringing concrete benefits to them, the IPEF will not go far, and such a geopolitical tool disguised as economic cooperation is of little use in helping solve global challenges, especially inflation and the energy crisis.
After Sri Lanka confirmed to Indian media that a Chinese research vessel has been allowed to dock at the Hambantota port, Chinese experts said on Monday that such a move is not only normal but also help generate revenue for the country facing an economic crisis and that India has no rights to interfere.
China found willing partners among poorer nations struggling to find lenders.
Now Beijing's battling fresh debt trap accusations as the Ukraine war and g
The US has rapidly reversed its ultra-loose monetary policies put in place during the pandemic by intensifying super-sized interest rate tightening and shrinking its portfolio of bond holdings, presenting a clear and present danger for emerging Asian economies which rely on openness of trade and finance, with a debt crisis brewing in fragile economies such as Laos.