Silk Road

China Tops as Largest Debt Collector with $1T in BRI Loans

by
China Tops as Largest Debt Collector with $1T in BRI Loans

China’s Belt and Road Initiative (BRI) has amassed more than $1 trillion in debt, establishing China as the world’s largest debt collector, a recent report revealed. The study, conducted by AidData, a research institute focusing on development finance, highlighted that around 80% of China’s overseas lending supports countries experiencing financial distress. Since President Xi Jinping … Read more

Middle-East Corridor Emerges as New Indian Spice Route to Rival China’s Silk Road

by

On the verge of the 10th anniversary of China’s Belt and Road Initiative (BRI), a transformative development has taken place as India, in collaboration with the United States, the United Arab Emirates (UAE), Saudi Arabia, France, Germany, Italy, and the European Union, has unveiled the India-Middle East-Europe Economic Corridor (IMEE-EC). This ambitious initiative aims to … Read more