Latest Articles about BRI

PLA Steps up Security Cooperation With Russia in 2024

Executive Summary: This year’s second joint aerial patrol between the People’s Republic of China (PRC) and Russia marked the debut of the nuclear-capable H-6N bomber, demonstrating Beijing’s intent to project nuclear deterrence and challenge Western strategic dominance. The two countries have expanded security cooperation this... MORE

Hong Kong’s Pivotal Role in RMB Internationalization

Executive Summary: The People’s Republic of China (PRC) continues to use Hong Kong to test policies and build support for the internationalization of its currency, the renminbi (RMB). The city is now the world’s largest offshore RMB clearing center. The Cross-border Interbank Payment System (CIPS)... MORE

PRC Positive Messaging Frames Successful Colonization in Xinjiang

Executive Summary: Through television broadcasts overseas, like Jongugu Sapar in Kyrgyzstan, the People’s Republic of China (PRC) presents an image of ethnic harmony and economic development in Xinjiang, downplaying or omitting signs of colonialism, forced labor, or suppression of Turkic cultural identity. The PRC’s positive... MORE

PRC Fertilizer Export Controls Provoke Derisking Abroad

Executive Summary: In June 2024, the People’s Republic of China (PRC) introduced additional restrictions on fertilizer exports, sharply reducing urea exports by 83 percent compared to the previous year. This move aims to stabilize domestic prices and safeguard food security, but has disrupted global fertilizer... MORE

Beijing’s Soft Power Push with African Nations

Executive Summary: The People’s Republic of China (PRC) has successfully used its hosting of the Forum on China-Africa Cooperation to burnish its soft power and its credentials to be seen as the leader of the Global South. Close political alignment on core issues, including African... MORE

Ant Group Expands Overseas But Still Hampered By The State

Executive Summary: Ant Group’s strategy since the fallout from its canceled IPO in 2020 and subsequent crackdown on the fintech sector has seen it seek opportunities while capturing projects within the People’s Republic of China (PRC) that are aligned with government priorities. Key markets for... MORE