Dalian [China], September 21 (ANI): China's flagship Belt and Road Initiative (BRI) has hit a snag, with many loans to emerging economies falling into repayment troubles, forcing Beijing to scale back on lending.
Islamabad [Pakistan], July 7 (ANI): Pakistani Prime minister Shehbaz Sharif ordered an inquiry into the "criminal delay" despite ample funds avaliable and blamed previous Pakistan Tehreek-i-Insaf (PTI) government for the slow pace in the Gwadar breakwater project, local media reported.
Beijing [China], April 9 (ANI): Going forward with Xi Jinping's goal of making the country a 'major power with pioneering global influence' by 2049, China has been leveraging its technological prowess and geopolitical heft to shape the global technological environment and standards to serve its commercial and strategic interests, a media report said.
Jakarta [Indonesia] October 20 (ANI): Faced by the price of cost overruns on China's signature Jakarta-Bandung fast-rail project, Indonesia's government has been forced to dip into the state budget for projects which continues to witness construction delays and land acquisition issues.