BEIJING - China is drafting rules for overseas investments to be considered part of President Xi Jinping's Belt and Road Initiative, according to people familiar with the matter, marking the first attempt to better define his signature policy.
One of the people said the National Development and Reform Commission, or NDRC, is working on a list of legitimate Belt and Road Initiative projects officially acknowledged by the Chinese government. Governments around Asia are reassessing Chinese investments. Malaysia is in talks with China on a reduced price tag for a US$20 billion rail project it scrapped after Prime Minister Mahathir Mohamad took power.
A memorandum of understanding signed last month with Italy - the first Group of Seven nation to join the programme - led Deputy Premier Matteo Salvini to caution that it risked"colonising Italy."
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:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US says will not send high-level officials to China's Belt and Road summitWASHINGTON (REUTERS) - The United States will not send high-level officials to attend China's second Belt and Road summit in Beijing this month, a spokesperson for the US State Department said on Tuesday (April 2), citing concerns about financing practices for the project.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US, China hold 'constructive' trade talks in BeijingU.S. officials held 'constructive' talks in Beijing, Treasury Secretary Steven Mnuchin said on Friday, concluding the latest round of dialogue ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US-China trade talks open in BeijingBEIJING: The United States and China open the latest round of their trade talks Thursday as the economic superpowers edge towards a deal to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US-China trade talks to open in BeijingThe United States and China open the latest round of their trade talks Thursday as the economic superpowers edge towards a deal to resolve a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US, China resume trade talks in Beijing after 'productive working dinner'BEIJING: US Treasury Secretary Steven Mnuchin said on Friday (Mar 29) he had a 'productive working dinner' the previous night in Beijing, kicking ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Can China keep its climate promises? Study says Beijing is on track, others call for more ambitionPARIS (AFP) - China can easily meet its Paris climate pledge to peak its greenhouse gas emissions by 2030, but sourcing 20 per cent of its energy needs from renewables and nuclear power by that date may be considerably harder, researchers said on Tuesday (March 26).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Trump's warships test China's red lines as trade talks grind onBEIJING (BLOOMBERG) - Even as the US and China near a deal on trade, the Trump administration is becoming increasingly assertive in challenging Beijing on its geopolitical red lines.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
New Silk Road critics are 'prejudiced', China's top diplomat says[BEIJING] China has never forced debt upon participants of its new Silk Road project as 'prejudiced' critics have suggested, the country's top diplomat said on Saturday in a strongly worded defence of a key policy platform of President Xi Jinping Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
China to add fentanyl-related substances to controlled narcotics listBEIJING: China will add fentanyl-related substances to a supplementary list of controlled narcotic drugs from May 1, the government said on Monday ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China to build six to eight nuclear reactors a year to meet 2030 development goalsBEIJING: China will be able to build six to eight nuclear reactors a year if project approval processes return to normal as expected in the near ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »