Malaysia to renegotiate with China and the main contractor to ascertain the cost.
The expressway project connecting Phnom Penh and Kandal, is now 37% complete.
As the most crucial Chinese grand strategy in the 21st century, the Belt and Road Initiative has reached its seventh year since its inception in 2013.
Cambodia saw the BRI as a new source of economic growth.
One of the main concerns outside of China has been that countries participating in the project might sink into debt, become dependent on Beijing, and lose their sovereignty. China has even been accused of behaving in a neocolonialist manner in Africa.
A further development plan of China’s newly launched land-sea corridor is issued.
China’s Belt and Road Initiative projects are important because it opens routes to EU.
China and Malaysia resume construction on a massive “Belt and Road” train project in northern Malaysia.
Southeast Asia is an important strategic partner in China’s Belt and Road Initiative (BRI). The region serves as a key link in the BRI’s Maritime Silk Road, which aims to connect China’s coast to South Asia,
Earlier this month, The Financial Times did a report on the Belt and Road Initiative and the development of new coal-fired power plants outside China, citing unnamed environmental groups and academics who have argued that China’s goal to promote green development does not match the reality of its international investments.
The highest total BRI projects is in Indonesia, which amounted to $171 billion, followed by Vietnam ($152 billion), Cambodia ($104 billion).
According to reports, violence that erupted between Bangladeshi and Chinese workers at a China-funded power plant in southern Bangladesh had cooled off by last Wednesday.
The term “debt trap diplomacy” is used by western countries despite the benefits: Government officials.
At the second Belt and Road Forum (BRF) in Beijing held from 25–27 April 2019, China acknowledged the criticisms levelled against the Belt and Road Initiative (BRI) and pledged reform.
The fate of Hambantota port, which the Sri Lankan government leased to a Chinese firm for 99 years, has been hotly debated since the launch of the Belt and Road Initiative (BRI).
Cambodian Prime Minister Hun Sen’s delegation has returned from the second Belt and Road Forum in Beijing, bringing back 10 newly signed agreements.
The BRI should play a major role in supporting innovative startups.
In the late 1990s, the academic community in China’s Yunnan Province proposed economic cooperation with Bangladesh, India, and Myanmar. The idea was embraced by academics from the three neighboring countries.
The Conference on Dialogue of Asian Civilizations will kick off in Beijing soon. It is China’s attempt to respond to the theory of the Clash of Civilizations with the philosophy of building a community with a shared future for mankind.
New Zealand is to work with China on its Belt and Road initiative.
Moody’s Investors sees Cambodia as one of the most countries benefiting from BRI.
Prime Minister Hun Sen has asked Chinese firm CRRC Corporation Limited to partner up with Royal Group to develop Cambodia’s railroad network.
Prime Minister signs number of important agreements at annual Belt and Road Forum in Beijing.
Based on the principles of equality and mutual benefit, the BRI focuses on connectivity and practical cooperation to achieve win-win outcomes and common development.
PM leaves the Kingdom to attend the Belt and Road Forum in Beijing.
The Belt and Road Initiative has the potential to transform trade in the world, provided it adds transparency and governance, and becomes a global initiative with full respect to countries’ sovereignty and territorial integrity.
China and Cambodia are expected to sign a number of agreements.
Prime Minister Hun Sen will this week lead a delegation to attend the second Belt and Road Forum for International Cooperation in China.
Despite BRI’s significance for Asean connectivity and the development of its member states, there are concerns expressed among scholars and policymakers in the region.
The upcoming second Belt and Road Forum for International Cooperation (BRI) is crucial for Cambodia to further expand cooperation with China and other participating countries.