News and Analysis

China says Nepal a natural area for cooperation with India
19/04/2018
BEIJING, REUTERS -- Nepal is a natural area for cooperation between China and India, the Chinese government's top diplomat State Councillor Wang Yi said on Wednesday, as he invited India to participat...
China's $1 Billion White Elephant: The Port Ships Don't Use
18/04/2018
COLOMBO, BLOOMBERG -- Each year roughly 60,000 ships vital to the global economy sail through the Indian Ocean past a Chinese-operated port on the southern tip of Sri Lanka. Almost none of them stop t...
Indonesia expected to drop $19 bln worth of infrastructure projects
18/04/2018
JAKARTA, REUTERS -- Indonesia's chief economic minister said on Monday that 14 infrastructure projects, worth 264 trillion rupiah ($19.17 billion), are expected to be dropped from the government's str...
Japan may work with China on Belt and Road projects
17/04/2018
TOKYO, REUTERS -- Japan and China agree that a trade war will have serious consequences for the world economy, Japanese Foreign Minister Taro Kono said on Monday after a high-level economic dialogue b...
Southeast Asia Looks Beyond China to Fund Massive Project Needs
17/04/2018
SINGAPORE, BLOOMBERG -- Across Southeast Asia, policy makers hungry for infrastructure investment are looking beyond China.Southeast Asia's economies will need to spend about $2.8 trillion on projects...
China's economy slows in first quarter: AFP survey
16/04/2018
BEIJING, AFP -- China's economy slowed slightly in the first quarter as the government battles debt and financial risk, with US trade frictions threatening to further hobble growth, analysts surveyed...
China, Japan Vow Cooperation to Get North Korea to Quit Nukes
16/04/2018
TOKYO, BLOOMBERG -- The foreign ministers of China and Japan agreed to work closely to push North Korea to abandon its nuclear program, in the latest sign of improved cooperation between Asia’s two la...
HSBC names veteran banker head of Asia belt and road initiative
10/04/2018
HONG KONG, REUTERS -- HSBC Holdings Plc said on Monday it had appointed its Malaysia CEO to the newly created position of head of Belt and Road initiative in Asia Pacific, as it bets on China's drive...
India agrees to open waterways, rail link to Nepal capital
09/04/2018
KATHMANDU, REUTERS -- India agreed on Saturday to construct a rail link to Nepal's capital, Kathmandu, and to open up inland waterways in the landlocked Himalayan nation that has also been courted by...
China to develop Bangladesh industrial zone as part of South Asia push
05/04/2018
DHAKA, REUTERS -- China is developing a 750-acre industrial park in Bangladesh which will largely be used by Chinese manufacturing firms, a Chinese official said on Wednesday, part of its push to expa...