China's Belt and Road initiative must be green and sustainable, President Xi Jinping said at the opening of a summit on his grand plan today, adding that the massive infrastructure and trade plan should result in"high quality" growth for everyone.
Xi said in a keynote speech to the summit that environmental protection must underpin the scheme"to protect the common home we live in"."Operate in the sun and fight corruption together with zero tolerance," Xi added. While most of the Belt and Road projects are continuing as planned, some have been caught up by changes in government in countries such as Malaysia and the Maldives.
Debt sustainability has to be taken into account when mobilising funds, the finance ministry said in the report, which outlined a framework for use in analysing debt sustainability of low-income Belt and Road nations and managing debt risks. Xi promised to significantly shorten the negative list for foreign investments, and allow foreign companies to take a majority stake or set up wholly-owned companies in more sectors.China also aims to import more services and goods, and is willing to import competitive agricultural products and services to achieve trade balance.
Source: Loan Digest (loandigest.net)
How Malaysia subserviently attend a summit for China's dream and ambition ... And signs away non-viable mega infrastructure projects just for China's benefits .. In return for ? eternal debt and economic slavery ECRL madness chedetofficial
How can china guarantee green n sustainability when china itself is entirely polluted
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dr M leads delegation to Belt and Road forum, to meet Xi and Premier LiPETALING JAYA: Prime Minister Tun Dr Mahathir Mohamad will lead a Malaysian delegation to the Second Belt and Road Forum for International Cooperation (BRF) in Beijing, China from April 24 to 28. The silk roads was a very old history of China revived and as a future develop plan of China economic of peoples of China. This team is just there to see how those developments plan exhibition !!! Nothing can stop this plan anymore at this status China today’s in this world !!! No slippers please
Source: staronline - 🏆 4. / 75 Read more »
After Malaysia’s ECRL win, China set to field more ‘debt trap’ allegations at Belt-Road forum | Malay MailKUALA LUMPUR, April 24 — Beijing is bracing for accusations that its Belt-Road Initiative (BRI) projects abroad are Trojan horses for so-called debt traps when 37 partner nations converge for a forum on the ambitious geopolitical plan this week. Malaysia’s recent renegotiation of the East Coast...
Source: malaymail - 🏆 1. / 86 Read more »
PM, two ministers head for Belt-Road forum in China | Malay MailKUALA LUMPUR, April 24 — Prime Minister Tun Dr Mahathir Mohamad will be in China from today until April 28 for the Second Belt Road Forum in Beijing, accompanied by his wife Tun Dr Siti Hasmah Mohd Ali. Foreign Affairs Minister Datuk Saifuddin Abdullah as well as International Trade and Industry... What Tun says here will be critical. The BRI should not be monopolised by any one country. Be a means of any forms of modern day colonialisation. Ker china nak jilat balik ker...? Good show Dr.M
Source: malaymail - 🏆 1. / 86 Read more »
China invites North Korea to Belt and Road summit | The Malaysian InsightItaly has joined the scheme this month and will be among the 37 nations represented at the leader level at the April 25-27 summit in Beijing.
Source: msianinsight - 🏆 8. / 63 Read more »
China vows to address debt concerns over Belt and Road | The Malaysian InsightCountry strongly defends its Belt and Road project as it opens three-day summit.
Source: msianinsight - 🏆 8. / 63 Read more »
China to recalibrate Belt and Road, defend criticism of itIt'll be promoted at a heads of state summit in Beijing, to allay attacks it fuels indebtedness and lacks transparency.
Source: malaysiakini - 🏆 20. / 51 Read more »