China’s Development Is of Great Significance to Algeria
“China presents a positive development model to us developing countries, particularly African countries and we would like to become part of this dynamic initiative launched by China.”
“China presents a positive development model to us developing countries, particularly African countries and we would like to become part of this dynamic initiative launched by China.”
The next priority of jointly advancing the initiative is to realize its high-quality development, Xi said.
As Central Asian countries actively integrate their national strategies with the Belt and Road Initiative, some Western media are misinterpreting and even censuring the initiative.
Hendy Yuniarto, a 29-year-old Indonesian, carries the cultures mixed by the Indian and Pacific Oceans to China. His story shows mutual intelligibility between two millennial ancient countries.
The Belt and Road Initiative is a new international public good provided by China to the whole world and an important conduit for China to promote building a community with a shared future for mankind in the new era, demonstrating China’s key contributions to global peace, development, and win-win cooperation.
China has always placed ASEAN squarely on the first page of its foreign cooperation agenda, regarding ASEAN as a priority in its foreign policy and a key region for the development of the Belt and Road Initiative.
Debt Trap is originally a western economic term, meaning that a debtor accepts a debt tempted by certain interests and then is trapped in a long-term debt obligation which is hard to get free from due to high interest rates, changing pay-off plans or unreasonably high penalties for late payments.
Papua New Guinea (PNG) and China established official diplomatic relations in 1976, which is reaching its peak in 2018, and likely to continue to grow.
“China got Sri Lanka to cough up a port,” said the New York Times in a widely quoted article published on June 25, 2018.The article claimed, “Every time Sri Lanka’s President Mahinda Rajapaksa turned to his Chinese allies for loans and assistance with an ambitious port project, the answer was yes.
This by itself makes it a key international event – a type of equivalent of a G7 for developing countries. But BRICS represents a greater proportion of world economic growth than the advanced G7 economies.
The visit was widely welcomed by African development experts as an opportunity for new cooperation between China and the African continent.
Arab states, as important participants and co-creators of the ancient Silk Road civilization located at the juncture of the land and maritime Silk Roads, are natural partners in Belt and Road cooperation.