Why China wants to color its “Belt and Road” green

In Beijing this weekend the big happening is China’s second “Belt and Road Forum.” A host of global luminaries–37 heads of state, International Monetary Fund managing director Christine Lagarde, United Nations Secretary General Antonio Gutierrez, and delegates from more than 150 countries–descended upon the capital to discuss president Xi Jinping’s signature initiative to expand transit, […]

Why the U.S. Shouldn’t Sit Out the Belt and Road Initiative

Imagine the potential of China and the United States, the world’s two largest, most vibrant economies collaborating on the most ambitious development project in history. The scenario is no fantasy: China’s Belt and Road Initiative (BRI), which kicked off almost six years ago, will eventually connect a vast swath of the world, creating huge yields […]

In a New Blow to Boeing, Rival Airbus Sells 300 Planes to China

As Boeing flounders, Airbus thrives–the European plane manufacturer has just sold another 300 jets to Chinese airlines. The deal was signed Monday as Chinese President Xi Jinping visited France’s Emmanuel Macron in Paris. No value was announced, but the pre-discount list price for the order is roughly $35 billion. Airbus’s shares rose more than 2% […]

China Drops Its First ‘Belt and Road’ Anchor in the G7—at Two Italian Ports

Despite protestations from the U.S. and disquiet within its own government, Italy on Saturday signed up for the Belt and Road Initiative–China’s foreign-policy centerpiece that aims to create new trading routes spanning Asia, Europe and Africa. China and Italy signed a memorandum of understanding including 29 agreements that cover everything from satellites and media to […]

What to Know About China’s Controversial Belt and Road Initiative That’s Targeting Europe

China’s Belt and Road initiative, which aims to build new trade routes over land and sea, may soon extend further into Europe. And it’s splitting opinion in the European Union, with some countries seeing opportunity and others seeing only Chinese expansionism. Here’s a quick guide to what Belt and Road entails, why it’s proving so […]