China's Belt and Road Initiative

Xi Jinping

Inserted 7 months ago

“In the face of an unstable and uncertain international environment, China is willing to continue to work with Syria in the interests of friendly cooperation and safeguarding international fairness and justice. China supports Syria's opposition to foreign interference, unilateral bullying … and will support Syria's reconstruction. China is willing to strengthen cooperation with Syria through the Belt and Road Initiative … to make positive contributions to regional and world peace and development.”

Aljazeera

President of the People's Republic of China

22 Sep 2023 2 4

Niva Yau

Inserted 2 years ago

“By design, it's meant to be abstract and vague. The point was that any Chinese stakeholder could come in and do any project and that could be called part of BRI [Belt And Road Initiative]. We need to stop thinking of it as one thing. It's always changing and is ultimately about China increasing its influence in all aspects globally. [BRI] is targeting the public more and more. Of course, this isn't always effective, but that isn't really what matters right now. If they continue to invest in soft power and devote resources towards it, that will eventually see some results.”

Rferl

Senior researcher at the OSCE academy in Bishkek

01 Jan 2022 2 2

Paul Nantulya

Inserted 2 years ago

“China has been signalling strongly that it wants to shift towards a private sector-to-private sector financing model. China's policy banks have grown increasingly concerned about borrowers' ability to repay loans and grown wary about extending finance. These lenders not only have an obvious financial interest in recovering their money, but they are also part of the Communist Party political architecture in China. Should non-performing loans and defaults continue to increase, Xi [Xi Jinping] could face political consequences at a time when he is consolidating control amid the global pandemic.”

Scmp

Research associate at the Africa Centre for Strategic Studies at Washington’s National Defence University

11 Dec 2021 4 5

Michael Clauss

Inserted 2 years ago

“Global Gateway has the potential to turn the EU into a more effective geopolitical player. For many partner countries, the offer of a rules and values-based cooperation at eye level will be an attractive alternative to the Chinese Belt and Road initiative.”

Taipeitimes

German Ambassador to the EU

01 Dec 2021 5 2

Brad Parks

Inserted 2 years ago

“Many poor governments could not take on any more loans. So [China] got creative. Loans were given to a constellation of actors other than central governments, but often backed by a government guarantee to pay up if the other party could not. The contracts are murky and governments themselves don't know the exact monetary values they owe to China. What we're seeing right now with the Belt and Road Initiative is buyers' remorse. Many foreign leaders who were initially eager to jump on the Belt and Road Initiative bandwagon are now suspending or canceling Chinese infrastructure projects because of debt sustainability concerns.”

Taipeitimes

AidData executive director

29 Sep 2021 3 6

Meia Nouwens

Inserted 2 years ago

“If China is seen as the only country to offer assistance, then this can become another opportunity for China to leverage its south-south narrative and point out that only Beijing has other countries' interests and wellbeing at heart. At a time when the west is trying to push back on China's narrative and improve partnerships with countries to offer alternatives to the belt and road initiative or digital infrastructure, the west should signal that it doesn't only speak about partnerships, but it matches words with actions.”

Theguardian

Senior fellow for Chinese defence policy and military modernisation at the London-based thinktank International Institute for Strategic Studies (IISS)

21 Sep 2021 2 3

Xi Jinping

Inserted 2 years ago

“We need to redouble our efforts to advance mutually-beneficial cooperation [between China and Russia]. We need to deepen the collaboration between the Belt and Road Initiative and the Eurasian Economic Union, support the innovative development of the digital economy, jointly tackle global climate change, and promote social and economic development in the region.”

Globaltimes

President of the People's Republic of China

03 Sep 2021 5 3

Reinhard Bütikofer

Inserted 3 years ago

“The current discussions are very serious. In the EU, the parliament has adopted a global connectivity strategy and connectivity financing has been included in the programming of the [Neighborhood, Development and International Cooperation Instrument], the EU's global financing instrument. President Biden has highlighted the issue. India, Japan, Australia, ASEAN, and other partners are highly interested in moving the connectivity agenda forward. China has been exploiting the needs of developing countries, but lamenting about that fact without offering an alternative is useless. You cannot fight something with nothing. The difference between Western connectivity strategy and China's BRI [Belt and Road Initiative] will be threefold: We will insist on high-quality and high-standard projects; we will avoid debt traps; we will mobilize private-sector involvement to strengthen our initiatives.”

Rferl

German politician and the chair of the European Parliament’s delegation for relations with China

19 May 2021 10 3

Andrew Hammond

Inserted 3 years ago

“The ties between Iran, China and Russia are shaping Wang's [Wang Yi - Chinese Minister of Foreign Affairs] tour of the region. The partnership signed last week is a clear signal of intent that will bring Tehran into Beijing's Belt and Road Initiative. This underlines that ties among the three countries could yet grow warmer still, especially if relations between them and the West deteriorate further during the administration of US President Joe Biden. While the dialogue is deepest between Moscow and China, Tehran might increasingly be brought into the fold, which would have key implications not just for the Middle East, but for broader international relations into the 2020s.”

Taipeitimes

Associate at LSE IDEAS at the London School of Economics and Political Science

31 Mar 2021 4 5

Ding Long

Inserted 3 years ago

“China and Iran have a long history of cooperation and Iran is a vital partner of China under the platform of the Belt and Road initiative. The signing of the agreement comes from the need for both countries to seek development based on the principle of mutual benefit and win-win results. Iran needs cooperation with China to break through the West's sanctions and enhance domestic infrastructure construction and China needs to import oil from Iran to ensure its energy security.”

Globaltimes

Professor with the Middle East Studies Institute of Shanghai International Studies University

28 Mar 2021 2 3

Ni Feng

Inserted 3 years ago

“We have seen fundamental changes. The US labels China a strategic adversary, which is the basis of how it sees China’s policies. China has to protect its overseas interests as the economy keeps growing and extending abroad. Sending naval fleets to escort civilian ships, [building up the capacity of] ports for supply – they are normal. If the West can do it, why not us?”

Scmp

Director of American studies with the Chinese Academy of Social Sciences

11 Sep 2020 3 3

Gul Berna Ozcan

Inserted 3 years ago

“The Silk Roads evoke a sense of something soft and pleasant, but the rock hard truth is that China is winning. At its core, the Belt and Road is a nicely packaged global hegemonic plan.”

Nationalinterest

Royal Holloway Scholar

11 Jul 2020 (approx) 3 2

Fan Xianrong

Inserted 3 years ago

“Today's event has important symbolic significance for Sino-Ukrainian relations. It means that future cooperation between China and Ukraine within the framework of the Belt and Road Initiative will become even closer. Ukraine will show its advantages as a logistics center connecting Europe and Asia, and Sino-Ukrainian economic and trade cooperation will become even faster and more convenient. All this will bring even more benefits to the peoples of the two countries”

Globaltimes

Chinese Ambassador to Ukraine

07 Jul 2020 3 3

Xi Jinping

Inserted 3 years ago

“To contain the virus, countries have taken robust and effective measures, specific to their national context. On top of that, many countries are striving to resume economic and social development. Be it in taming the virus or in achieving economic recovery, we cannot succeed without solidarity, cooperation, and multilateralism. The right approach to tackling global crises and realizing long-term development is through greater connectivity, openness, and inclusiveness. This is where Belt and Road international cooperation can make a big difference.”

En

President of the People's Republic of China

18 Jun 2020 2 3

Sagatom Saha

Inserted 3 years ago

“I don’t think the [Belt and Road Initiative] can yet serve as an effective vehicle for yuan internationalisation. You don't see many countries, except Pakistan, taking yuan loans even under the Belt and Road Initiative, in part because it’s not relatively useful for foreign reserves or global payments. [Belt and Road Initiative] could facilitate yuan internationalisation once the currency has reached a higher level of global acceptability, but it wouldn’t promote the currency to that point.”

Scmp

Independent energy policy analyst based in Washington

12 Jun 2020 2 4

Mahamoud Ali Youssouf

Inserted 3 years ago

“Yes, our debt to China is 71% of our GDP, but we needed that infrastructure. It was quite natural that we raise our partnership with China. Neither Europe nor America were ready to build the infrastructure we needed. We’re projecting our country into the future, and looking after the well-being of our people. Even the United States has trillions of dollars in debt to China, you know.”

Beltandroad

Djibouti’s Foreign Affairs Minister

31 Dec 2019 (approx) 1 3

Xi Jinping

Inserted 3 years ago

“In terms of reality, we find ourselves in a world fraught with challenges. Global growth requires new drivers, development needs to be more inclusive and balanced, and the gap between the rich and the poor needs to be narrowed. Hotspots in some regions are causing instability and terrorism is rampant. Deficit in peace, development and governance poses a daunting challenge to mankind. This is the issue that has always been on my mind... Opening up brings progress while isolation results in backwardness. For a country, opening up is like the struggle of a chrysalis breaking free from its cacoon. There will be short-term pains, but such pains will create a new life. The Belt and Road Initiative should be an open one that will achieve both economic growth and balanced development.”

Xinhuanet

President of the People's Republic of China

14 May 2017 0 3

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“Global Gateway has the potential to turn the EU into a more effective geopolitical player. For many partner countries, the offer of a rules and values-based cooperation at eye level will be an attractive alternative to the Chinese Belt and Road initiative.”

“The Silk Roads evoke a sense of something soft and pleasant, but the rock hard truth is that China is winning. At its core, the Belt and Road is a nicely packaged global hegemonic plan.”

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