6 Dec 2023

Italy to withdraw from China’s belt and road initiative, say sources

by | posted in: Breaking News, European Union, News |

Decision of only G7 nation to join project reportedly communicated to Beijing three days ago Italy has formally notified China of its withdrawal from Beijing’s ambitious belt and road infrastructure initiative (BRI), a significant trade and infrastructure project, according to … Read More
19 May 2021

China’s Firms Gain a Foothold in South America as Energy Providers

by | posted in: News, World News |

WASHINGTON, May 19 2021 (IPS) – Over the past decade, state-owned enterprises (SOEs) from China have carved out a niche as owners and operators of electric utilities in South American countries through acquisitions of energy grids. As SOEs shift from their … Read More