Tag Archives: Hong Kong

Legal bump in the belt and road? A Mideast port giant, a Chinese rival and a Hong Kong lawsuit over a Djibouti deal

SOUTH CHINA MORNING POST 17 February 2019 by KINLING LO China Merchants Port Holdings accused of infringing port agreement of United Arab Emirates’ DP World with Djibouti Case to be heard in Hong Kong – a belt and road first A lawsuit against China’s main state-owned port builder by the Middle East’s largest port operator in the tiny African nation of Djibouti...

China’s ‘One Belt One Road’ Encroaches on Economies, Sovereignty

THE EPOCH TIMES 28 January 2019 by DANIEL HOLL From citizen protests to government initiatives, more countries are realizing the OBOR is predatorial rather...

China Merchants Port to increase investment in Djibouti joint venture

SEATRADE MARITIME NEWS 23 January 2019 by KATHERINE SI Hong Kong-based China Merchants Port Holdings announced that the company will increase capital...

Off The Wire DP World Chairman Says Trade Tensions Will Make 2019 Challenging

KITCO 18 November 2018 DUBAI (Reuters) – Global ports operator DP World DPW.DI believes international trade tensions such as those between the United States and China will make 2019 challenging but not unmanageable, its chairman said on Sunday. The Dubai government-controlled ports operator cautioned in August about geopolitical risks and changes in trade policies...

From Global Times: Djibouti denies being ‘induced’ by Chinese firm to breach contract

GLOBAL NEWS WIRE 8 November 2018 Loans from China ‘shape Djibouti’s economic development’ BEIJING, Nov. 08, 2018 (GLOBE NEWSWIRE) — A senior...

China plans to sell off its African infrastructure debt to investors

DAILY NATION 5 November 2018 by  ALLAN OLINGO The Addis Ababa- Djibouti freight train. The loan for the project which was meant to be paid over 10 years,...

Botched Chinese railway project in Africa is a warning to belt and road investors

YAHOO NEWS 29 October 2018 by ERIC NG Botched Chinese railway project in Africa is a warning to belt and road investors The planning behind many of China’s...

China in Africa: Goods Supplier, Service Provider rather than Investor

ICTSD 5 July 2018 While in the development community and beyond, there is a widespread feeling that China is investing heavily in Africa, factual data...