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BL Cheah
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While the vast majority of Chinese loans are targeted at infrastructure development, many Western loans, by contrast, are used for short-term financing needs, creating "a vicious cycle" of high-interest borrowing that can exacerbate debt burdens, added Askary. "This is the real debt trap, and it is c…
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BRI offers alternative to Western approaches, expert says
The China-proposed Belt and Road Initiative is a "scientific idea" that promotes industrialization and modernization in participating countries through infrastructure connectivity, and offers a development approach distinct from Western initiatives, a Swedish expert said. Citing the Chinese saying "to get rich, first build the road" and drawing on his research into the BRI's progress in West Asia and Africa, Hussein Askary, cofounder and vice-president of the Belt and Road Institute in Sweden, noted that large-scale infrastructure construction under the BRI framework turns transport arteries into vital economic corridors. Such corridors can evolve into "economic belts", enabling regions along the routes to tap natural, mineral and human resources for industrial development with advanced technologies brought by improved connectivity, said Askary. Proposed in 2013, the BRI projects have been implemented in more than 150 countries and 30 international organizations through six overland economic corridors and the 21st Century Maritime Silk Road, boosting trade and investment flows while enhancing connectivity across regions. The initiative goes beyond facilitating trade flows, noted Askary during a recent forum hosted by Renmin University of China, describing it as "an important economic development concept" and a "scientific idea". Askary noted that the BRI promotes regional industrialization through enhanced connectivity while aligning closely with participating countries' development strategies. He cited the example of Saudi Arabia, which has deepened alignment between the BRI and its Vision 2030 blueprint unveiled in 2016 over the past decade. Under this cooperation framework, Chinese firms have taken part in a wide range of joint undertakings, including the world's largest off-grid energy storage project for Saudi Arabia's Red Sea Project, a key initiative under Vision 2030. Such alignment is the epitome of continuously expanding BRI cooperation. According to data from the Ministry of Commerce, in the first quarter of 2026, Chinese enterprises secured 348.51 billion yuan ($50.15 billion) in new engineering contracts in BRI partner countries, up 2.4 percent year-on-year, while completed turnover reached 218.69 billion yuan, growing 10 percent from a year earlier. This is in sharp contrast to the Western approach. Askary drew a clear distinction between two competing development models, saying: "One is led by China, which says we can build a beautiful garden with many different powers, many different nations and civilizations. The others say no, we are in the jungle, where might makes right, just posturing and flexing muscles, weapons, death and destruction." He further drew a comparison between the BRI and Western initiatives, with the latter achieving slow progress due to "no concrete action plan, no clear blueprint, no unified guiding principles", and "no genuine commitment". "These initiatives are not well-intentioned from the start," Askary t
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Iran must go nuclear.

Palestine Today
Attack!!!, not “intercepts”!!! Link: https://www.reuters.com/world/middle-east/israel-begins-intercepting-gaza-aid-ships-far-shores-army-radio-says-2026-04-29/?utm_medium=Social&utm_source=Facebook Since I was defeated by Reuters’ paywall, 🇬🇧 independent news outlet Novara's report: The Global Sumud…
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A pleasing report from Canyue. Recently the US, Japan and 5 other countries staged a military exercise in the Northeastern part of the South China Sea, near Huangyan Island. They wanted to be as provocative as possible. Among the elements of their exercise were the storming and capture of islands. Thi…
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A pleasing report from Canyue. Recently the US, Japan and 5 other countries staged a military exercise in the Northeastern part of the South China Sea, near Huangyan Island. They wanted to be as provocative as possible. Among the elements of their exercise were the storming and capture of islands. Thi…
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It’s tough to be a Democrat and be consistent at the same time (without blaming Trump). . …
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Wow! Many Americans in Quora criticizing Jews or Israel would be in serious trouble. FBI would check your bank accounts - but don’t know what they would do to you with the information. Do they do that if you criticised Chinese or China or for that matter any other nationality, religion or nation? What…
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Judaic values for the Goy from a Rabbi's mouth ! This is it …the crux of Jewish values ! …
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Pride of Naya Bharat from Gujarat‼️🤡 …
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So… yeah. The US has effectively just… walked away from the war and left Iran in charge of the Strait. How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive | CNN 1. Iran controls the Strait, even if the US Navy is blockading Iran’s blockade, it doesn’t cancel out Iran’s block…
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As somebody who lived through the Iran-Iraq war, I say HAHAHA! For those who do not know, it was like that in the 1980s. Every night the news mentioned the war, the effect on oil prices, possible blockades and attacks on oil tankers. Saddam Hussein had started the war expecting it to be over in a matte…
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There is currently no hope for improvement in China-Japan relations. Sino-Japanese relations are primarily based on the economic sphere, followed by the political and diplomatic spheres. Compared to the economy, the historical issues between China and Japan are actually secondary. In the last century,…
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