An alternative Asian supply chain to replace China, as some Western media outlets have suggested, is not feasible, said an author of a report released on Tuesday by the Boao Forum for Asia (BFA), which convened its 2024 conference in Boao, a resort town in South China s Hainan Province.
Chinese infrastructure investments, cybercrime and speculation about Beijing’s position complicate ceasefire negotiations between Myanmar’s military government and rebel groups, observers say.
The signing of the BRI implementation plan between Nepal and China has been one of the prime agenda since early 2020 but an agreement has been elusive due to differences between the two sides over investment modality.
The Jakarta-Bandung High-speed Railway (HSR) in Indonesia marked its 100th day of operation on Wednesday, having handled a total of 1.45 million passenger trips. The daily seat occupancy rate reached a peak of 99.6 percent, maintaining a consistently high level of passenger flows.
An upgraded land port between China and Vietnam officially reopened on Thursday, with several other land ports having resumed operations during the year. Analysts pointed out that the China-Vietnam land port will not only promote bilateral trade, but also facilitate trade within Southeast Asia.