"I want to be clear - the G7's announcement of a new global infrastructure partnership isn't aid or charity," United States President Joe Biden tweeted. "It's an investment that will deliver returns for everyone - including the American people - and boost all of our economies," he also wrote.
On Sunday,...
In a phone call on Friday, Chinese President Xi Jinping and Saudi Arabia's Crown Prince Mohammed bin Salman (MbS) both said that their countries should strengthen cooperation in economy, trade, technology, transportation, infrastructure and energy.
Both countries see further development of...
China's Foreign Ministry spokesperson Wang Wenbin (pictured) criticized on Thursday the European Union's stance on Beijing's Belt and Road Initiative, adding that different investment strategies should "advocate inclusiveness and coordination."
During a regular press conference, Wenbin welcomed...
Chinese President Xi Jinping said on Thursday that his country has "never bullied, oppressed, or subjugated the people of any other country, and we never will. By the same token, we will never allow anyone to bully, oppress, or subjugate China. Anyone who tries will find them on a collision course...
United States President Joe Biden and other leaders from the Group of Seven (G7) have "agreed to launch the bold new global infrastructure initiative Build Back Better World (B3W)," the White House revealed on Saturday.
The aim of the B3W plan is to direct "hundreds of billions of dollars" to assist...
The Chinese Foreign Ministry warned Australia on Thursday of "serious harm" to the countries' bilateral relations following Canberra's decision to cancel two deals signed between the state of Victoria and Beijing as part of the Belt and Road Initiative.
Describing Australia's decision, Foreign Ministry...
Australia's government canceled on Wednesday two deals signed between the country's second-most populous state, Victoria, and China as part of Beijing's Belt and Road Initiative.
The deals have been annulled as they were "inconsistent with Australia’s foreign policy or adverse to our foreign...
United States President Joe Biden revealed that he proposed that "democratic states" form a strategy that would be similar to China's Belt and Road Initiative.
During a phone conversation with Prime Minister Boris Johnson, Biden noted such a plan by the West would be created with the aim of aiding...
State Grid Corporation of China will buy a 49% stake in Oman's Nama Holding, the Chinese company said in a statement on Monday, as part of the Belt and Road Initiative.
The electricity-provider headquartered in Beijing did not expand on financial details of the transaction, however, people with...
Enterprises should be the key participants in the world's greatest infrastructure development project, spearheaded by China, according to President Xi Jinping. In a speech on Saturday in Beijing at the Belt and Road Forum for International Cooperation, he said 283 agreements were signed and that...
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