MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Gov’t aims to expand judicial assistance agreements with Portuguese-speaking countries

  • Lawmakers set out expectations for 2027 Policy Address

  • Home prices fall to 14-year quarterly low

  • Lawmaker urges broader revenue base as gaming income falls for fifth month

  • DSEDT backs research projects to lay groundwork for science park

  • Trade surplus surpasses $1 trillion for a 2nd straight year, as exports surge 35%

China
Home›China›‘Silk Road’ stirs unease over its strategic goals

‘Silk Road’ stirs unease over its strategic goals

By -
Friday, May 12, 2017
92
0

Sri Lankan Buddhist monks and villagers protest against a plan to take over private land for an industrial zone in which China will have a major stake

In a mountain valley in Kashmir, plans are under way for Chinese engineers guarded by Pakistani forces to expand the lofty Karakoram Highway in a project that is stirring diplomatic friction with India.

The work is part of a sprawling Chinese initiative to build a “new Silk Road” of ports, railways and roads to expand trade in a vast arc of countries across Asia, Africa and Europe. The Asian Development Bank says the region, home to 60 percent of the world’s people, needs more than USD26 trillion of such investment by 2030 to keep economies growing.

The initiative is in many ways natural for China, the world’s biggest trader. But governments from Washington to Moscow to New Delhi worry Beijing also is trying to build its own political influence and erode theirs.

Others worry China might undermine human rights, environmental and other standards or leave poor countries burdened with debt.

India is unhappy Chinese state-owned companies are working in the Pakistani-held part of Kashmir, the Himalayan region claimed by both sides. Indian leaders see that as an endorsement of Pakistani control.

“We have some serious reservations about it, because of sovereignty issues,” said India’s finance and defense minister, Arun Jaitley, at an Asian Development Bank meeting this month in Yokohama, Japan. China has previously said its highway work “targets no third country.”

China’s initiative is ramping up as President Donald Trump focuses on domestic issues, downplaying foreign affairs.

American officials say Washington wants to work with China on infrastructure. But some political analysts say Beijing is trying to create a political and economic network centered on China and push the United States out of the region.

Trump’s decision to pull out of the proposed 12-nation Trans-Pacific Partnership deprives China’s neighbors of a tool they hoped would counter its rising influence, said Max Baucus, the U.S. ambassador to Beijing until January.

“Southeast Asian countries would tell me ‘we want you, we want the TPP, then we can balance China with the United States,’” Baucus told The Associated Press.

Dubbed “One Belt, One Road” after ancient trade routes through the Indian Ocean and Central Asia, the initiative is Chinese President Xi Jinping’s signature project.

Details such as financing are vague. But since Xi announced it in 2013, Beijing has launched dozens of projects from railways in Tajikistan, Thailand and Kenya to power plants in Vietnam and Kyrgyzstan.

Countries including Pakistan and Afghanistan welcome it as a path out of poverty. India, Indonesia and others want investment but are wary of Chinese strategic ambitions.

Indonesia’s political elite have a “fear of regional hegemony” by China, said Christine Tjhin, senior researcher at the Center for Strategic and International Studies in Jakarta.

Moscow worries Beijing is diluting Russian influence in Central Asia by linking Uzbekistan and other countries more closely to China’s more dynamic economy.

Russian President Vladimir Putin has responded by proposing a “Great Eurasia Project,” with Beijing leading on economics and Moscow on politics and security.

“This vision enables the Kremlin to maintain an appearance that it retains the political initiative in its neighborhood,” said a report by the Center for Eastern Studies, a Warsaw think tank.

In a possible effort to defuse unease, China has invited governments to a two-day forum starting Sunday and led by Xi. Leaders from 28 countries including Russian President Vladimir Putin are due to attend, but none from major Western countries.

Chinese officials reject suggestions the initiative is a power play by Beijing.

“The Chinese government has never wished to control any other country’s government,” a Cabinet official, Ou Xiaoli, told The Associated Press. “We feel in contacts between countries, we need to talk about studying benefits, studying mutual profit.”

The bulk of Chinese financing is to be loans, which Ou said will be mostly on commercial terms based on “market principles.” That might add to debt burdens in countries where dealing with Beijing can be politically sensitive.

The state-run China Development Bank announced in 2015 it had set aside $890 billion for more than 900 “One Belt, One Road” projects across 60 countries in gas, minerals and other sectors. The government’s Export-Import Bank of China said it would finance 1,000 projects in 49 countries.

In Pakistan, the proposed $1.3 billion effort to expand the Karakoram Highway is part of the China-Pakistan Economic Corridor, which involves dozens of projects including power plants, roads and railways.

Pakistani officials say much of the Chinese money for power projects is investment, not loans but have given few details, raising questions about whether other projects can pay for themselves.

“I feel that our several generations will have to repay these Chinese loans for decades,” said Azeem Khalid, a lecturer at the Commission on Science and Technology for Sustainable Development in the South, a non-government group in Islamabad. Joe McDonald, Munir Ahmed & Gillian Wong, Beijing, AP

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Print (Opens in new window) Print

Like this:

Like Loading…

Related

Previous Article

Phone diplomacy | S. Korea’s Moon to ...

Next Article

Four tons of garbage collected in Everest ...

Related articles More from author

  • China

    Taiwan | Premier’s resignation puts spotlight on China ties

    Tuesday, September 5, 2017
    By -
  • BusinessChina

    Nvidia becomes most valuable company in the world at $4 trillion

    Thursday, July 10, 2025
    By -
  • China

    Beijing holds breath for effective smoking ban

    Tuesday, June 2, 2015
    By -
  • China

    People in China need a green light from Alibaba app to move around country

    Tuesday, March 24, 2020
    By -
  • China

    Troops, volunteers dig through quake debris 

    Wednesday, August 6, 2014
    By -
  • ChinaHeadlines

    Tsai resigns as party leader after election loss

    Monday, November 28, 2022
    By -

Leave a reply Cancel reply

You must be logged in to post a comment.

  • Business

    Sands China bets on smart technology, boosts shareholder returns

  • HeadlinesMacau

    Bus service contracts extended to 2026

  • Sports

    Fan dies after fall during Nations League final match

DAILY EDITION

Wednesday, November 11, 2026 – edition no. 5072
Wednesday, November 11, 2026 – edition no. 5072

Greater Bay

MDT MACAU GRAND PRIX SPECIAL

November 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Oct    

Timeline

  • Wednesday, November 11, 2026

    Gov’t aims to expand judicial assistance agreements with Portuguese-speaking countries

  • Wednesday, November 11, 2026

    Lawmakers set out expectations for 2027 Policy Address

  • Wednesday, November 11, 2026

    Home prices fall to 14-year quarterly low

  • Wednesday, November 11, 2026

    Lawmaker urges broader revenue base as gaming income falls for fifth month

  • Wednesday, November 11, 2026

    DSEDT backs research projects to lay groundwork for science park

  • Wednesday, November 11, 2026

    Trade surplus surpasses $1 trillion for a 2nd straight year, as exports surge 35%

  • Wednesday, November 11, 2026

    Macau to warm up toward weekend after autumn’s coldest morning

  • Wednesday, November 11, 2026

    Gov’t bans flights for 12 days ahead of APEC summit

  • Wednesday, November 11, 2026

    Three mainland men arrested over alleged illegal casino activities

  • Wednesday, November 11, 2026

    Open tender remains rule for public housing commercial space, Tam says

Extra Times

Extra TimesHeadlines

A fiery milestone: Feng Wei Ju’s 20th anniversary tribute to Starworld Macau

To celebrate the 20th anniversary of the iconic Starworld Macau, a special commemorative dinner was hosted at its crown jewel, Feng Wei Ju. Holding two Michelin stars, this esteemed restaurant ...
  • In ‘I Play Rocky,’ a middleweight crowd-pleaser about the making of a classic

    By MDT/AP
    Friday, November 6, 2026
  • Daddy Yankee’s first concept album is a reggaeton love letter

    By MDT/AP
    Friday, November 6, 2026
  • MGM Macau hosts Bocuse d’Or Gala

    By -
    Friday, November 6, 2026
  • A Symphony of Heritage: Reviving the Imperial Feast at Chai Jia Chai

    By Irene Sam, MDT
    Friday, October 30, 2026
  • Recent

  • Popular

  • Gov’t aims to expand judicial assistance agreements with Portuguese-speaking countries

    By Lynzy Valles, MDT
    Wednesday, November 11, 2026
  • Lawmakers set out expectations for 2027 Policy Address

    By Yuki Lei, MDT
    Wednesday, November 11, 2026
  • Home prices fall to 14-year quarterly low

    By -
    Wednesday, November 11, 2026
  • Lawmaker urges broader revenue base as gaming income falls for fifth month

    By Yuki Lei, MDT
    Wednesday, November 11, 2026
  • DSEDT backs research projects to lay groundwork for science park

    By Nadia Shaw, MDT
    Wednesday, November 11, 2026
  • Trade surplus surpasses $1 trillion for a 2nd straight year, as exports surge 35%

    By -
    Wednesday, November 11, 2026
  • Macau to warm up toward weekend after autumn’s coldest morning

    By -
    Wednesday, November 11, 2026
  • Canidrome may have its days numbered, decision in ‘one or two months’

    By Paulo Coutinho, MDT
    Thursday, May 26, 2016
  • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

    By -
    Wednesday, May 4, 2016
  • Editorial | Canidoomed

    By Paulo Coutinho, MDT
    Wednesday, June 1, 2016
  • Animal Welfare | Canidrome presented with ultimatum: close or move

    By Daniel Beitler, MDT
    Friday, July 22, 2016
  • Australia regulator cracks down on alleged exportation of dogs to Macau

    By Paulo Coutinho, MDT
    Friday, June 10, 2016
  • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

    By Daniel Beitler, MDT
    Friday, May 27, 2016
  • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

    By Catarina Pinto
    Monday, July 6, 2015
  • Contact our Administrator
  • Contact our Editor-in-Chief
  • Contacts
  • Our Team
  • Privacy Policy
  • Terms and Conditions
  • Editorial Statute
  • Code of Ethics
COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
MACAU DAILY TIMES
  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Loading Comments...

You must be logged in to post a comment.

%d