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Belt and Road Initiative

Belt and Road Initiative
The initiative spearheaded by the Chinese government and endorsed by President Xi Jinping in late 2013 aims to improve trade and economic integration across Asia, Europe, and Africa.
Construction continues on the Pinglu Canal in China’s southern Guangxi region in January. The canal is due to open before the end of 2026. Photo: Xinhua
China-Asean relations

‘Time is ripe’: why China is eyeing another vast canal link to Southeast Asia

China has almost completed the US$10 billion Pinglu Canal connecting its heartlands to Southeast Asia. Now, it is mulling an even larger waterway.

US-China relations

The options China could take to deal with ‘serious setback’ over Panama Canal

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China trade

Trump wants China out of South America – but Peru’s Beijing-backed port is abuzz

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Climate change

Opinion | Why China and Europe should care about Central Asia’s water crisis

Central Asian rivers shape Eurasian trade flows, affect global food markets and contribute to geopolitical instability across the region.

The Dzungarian Alatau mountain range in Kazakhstan. Photo: Central Asia
US-China relations

Opinion | Beijing must be clear-eyed about its national interests abroad

As the US disrupts international norms, China should reconsider its place in the world system to protect its overseas investments.

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Pakistan

Pakistan says it killed 145 ‘Indian-backed terrorists’ after Balochistan attacks

‘The bodies of these 145 killed terrorists are in our custody, and some of them are Afghan nationals,’ the provincial chief minister said.

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Nepal

China to step up investment in Nepal’s hydropower sector: Nepalese official

China has ‘already proposed some projects’ in Nepal, as it looks to tap the country’s huge hydropower resources and sell power to India.

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The site for one of Nepal’s proposed hydroelectric dams, the Budhi Gandaki project. The country is keen to attract more foreign investment to tap its huge hydropower resources. Photo: SCMP
China economy

Opinion | Fears of overcapacity ignore China’s full balance of payments picture

The right question to ask is whether China’s overall current account represents a destabilising imbalance that siphons growth from trading partners.

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China economy

Opinion | China’s slowing overseas investment reflects caution, not retreat

Amid rising protectionism and increased pushback in advanced economies, Beijing is strategically recalibrating its investments abroad.

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Banking & finance

FSDC urges Hong Kong to focus on Africa-Asia financial corridor

City can unlock opportunities providing capital for companies and Belt and Road Initiative infrastructure projects, advisory council says.

A view of Nairobi, Kenya. Photo: Shutterstock
Mainland China

China close to opening US$10 billion canal linking heartlands to Southeast Asia

The vast waterway in China’s southern Guangxi region is set to open before the end of 2026, according to state media reports.

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The Pinglu Canal, which stretches 134km (83 miles) across China’s southwestern Guangxi region, is expected to boost trade ties between China and Southeast Asia. Photo: Xinhua
China-Latin America relations

Peru’s president refuses to resign over secret meetings with Chinese businessmen

Jose Jeri is under scrutiny for clandestine encounters with Chinese businessmen that triggered a criminal probe and calls for his removal.

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Middle East

Opinion | Will Iran’s instability force China to rethink its Middle East strategy?

The assumption that domestic unrest can be treated as background noise, unlikely to disrupt energy flows, is becoming increasingly untenable.

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China economy

China ramps up Belt and Road deals amid US competition

A 75 per cent boom in China’s Belt and Road Initiative last year will help lock in resources for the energy transition and AI rush, as well as extending the country’s global reach.

Photo: Shutterstock Images
China economy

US trade war? China had bigger plans in 2025 as ‘belt and road’ deals surged

China’s global infrastructure strategy logged a record US$213 billion of new deals in 2025, as metals projects in Central Asia soared, report finds.

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Security guards patrol a lithium project in Zimbabwe. China’s engagement in metals and mining projects surged last year, according to a report by the Griffith Asia Institute. Photo: EPA-EFE
US-China relations

Biden administration decision to scrap China Initiative flawed: White House

US top science adviser Michael Kratsios says ceasing programme aimed at combating economic espionage from Beijing ‘damaging’.

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China's economic recovery

China prioritises export controls, supply chains to shield economy in 2026

Commerce ministry also pledges to boost domestic demand, services and two-way investment over coming year.

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US-China relations

Chip sales to China part of US plan to build its own digital silk road: official

Jacob Helberg tells Consumer Electronics Show audience that Gulf partnerships will help to stall Chinese AI advances.

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Attendees walk through the lobby of the Las Vegas Convention Centre at CES 2026, the world’s largest annual consumer electronics trade show. Photo: Reuters
Infrastructure

China plans 19% high-speed rail expansion by 2030 amid global dominance

Beijing aims to expand the nation’s entire rail network to about 180,000km as part of 2026-2030 infrastructure push, boosting connectivity nationwide.

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China-Latin America relations

Venezuela crisis underscores China’s challenges in Latin America

Washington making an example of Maduro as a ‘warning shot’ would create a ‘chilling effect’ across Latin America, observer says.

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China-Africa relations

How Algeria could help China plug iron ore gaps and gain pricing power

The Gara Djebilet deposit in the Sahara Desert was discovered decades ago but is only now coming into production.

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China’s CRCC has completed laying track on the 6km PK330 Bridge, a final and critical link in a new railway designed to unlock Algeria’s mineral wealth. Photo: CCRC
China economy

Opinion | How China is cementing its central role as the architect of green tech

Beyond climate leadership and capacity building, China is rewriting its own energy system – and the global energy order.

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An aerial view of the No 1 booster station of the Ningxia Power Investment Yongli (Zhongwei) 3-megawatt photovoltaic green power project, in Shapotou district, Zhongwei city, Ningxia. It was officially connected to the grid and began power generation on October 25. Photo : Xinhua
China-Latin America relations

China pledges aid to Latin America, Caribbean with no ‘political conditions’

Third strategy paper of its kind released as Beijing seeks to expand its influence in a region Washington actively courts.

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Nepal

Nepal charges Chinese contractor with corruption over airport deal

A watchdog alleges the company colluded with ex-ministers to inflate costs and siphon off US$74 million from the Pokhara airport project.

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US-China relations

Why China may be better placed than US in tussle for rare earths

While Beijing has long engaged with resource-rich nations, Trump’s Washington is seen as more ‘aggressive’ and reactive.

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Illustration: Lau Ka-kuen
China-Latin America relations

Trump’s national security blueprint aims to combat China’s rise in Latin America

Framework pledges to stop competitors from threatening the stability and political alignment of neighbouring countries in the region.

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US President Donald Trump unveiled a new national security blueprint on Friday, prioritising US dominance in the Western Hemisphere. Photo: EPA
China’s private sector

Deloitte say Hong Kong primed as treasury hub for China’s go-global push

As Chinese companies diversify into Southeast Asia, Latin America and belt and road markets, many are using Hong Kong as a springboard.

China trade

Explainer | From railways to Labubus: how China Inc. went on a 50-year trip abroad

Chinese companies have steadily expanded their global reach over the past half-century, but it has been a winding, often turbulent journey.

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