Published: Sun, May 14, 2017
Worldwide | By Gretchen Simon

US complains to China about North Korea's attendance at Silk Road summit

Iqbal said a distinctive aspect of the Belt and Road Forum was the participation of chief ministers of Pakistan's four provinces which he asserted would give a strong message of cohesiveness among the national leadership on national security, development and particularly the CPEC.

The long discussed deal between impoverished Nepal and its much bigger neighbour comes just days before China hosts a summit for 28 leaders near Beijing, showcasing the ambitious plan.

China "should explain fully what the objectives are for the initiatives", Hanele says.

During a meeting at the Mar-a-Lago estate in Florida last month, Chinese President Xi Jinping told his USA counterpart Donald Trump that China welcomes US participation in the Belt and Road Initiative.

China's new Silk Road Economic Belt project possesses great potential to benefit Russian Federation, the Shanghai Cooperation Organization (SCO) Business Council's Executive Secretary Sergei Kanavsky told Sputnik Friday.

Leaders from 29 countries and regions as well as UN Secretary-General Antonio Guterres, International Monetary Fund chief Christine Lagarde and World Bank President Kim Yong, have also chose to participate in the event.

He added Washington's decision to attend and not shun the gathering, as it did during China's formation of the Asian Infrastructure Investment Bank (AIIB) two years ago, is a better approach.

Surprise! Senate Fails to Repeal Obama-Era Rule
Environmental groups, meanwhile, called the vote outcome a rare victory after a series of rollbacks by the Trump administration . Thursday is the last day that Congress has to use the Congressional Review Act to repeal Obama-era regulations.

The past years have witnessed three China-EU High-Level People-to-People Dialogues (HPPD) and expansion of academia exchanges, strengthening cooperation in the cultural field and increasing communication between think tanks, academics and journalists.

"One Belt One Road will be a new hope in a period when the world has been facing uncertainties, including United States policy changes and Britain's exit" from the European Union, he said.

It aims to reassert China's past prominence as the dominant power in Asia whose culture and economy deeply influenced its neighbors as far as Africa and Europe. China's Xinhua News Agency claims that the OBOR is "a Chinese solution to global economic blues".

Being open, transparent, harmonious and inclusive, the initiative is an invitation to all countries along the routes.

All the projects were expected to be financed by China, which has already taken over the Gwadar port's handling. All participants have the opportunity to join in the design of its objectives and goals, build synergies between their development strategies with this initiative, explore options for cooperation, contribute to the improvement of mechanisms and share the benefit of the project.

China's economy is almost five times the size of India's. For example, in China's western Xinjiang Province - home to 10 million Muslim Uighurs, and a key portion of the country's "new Silk Road" - authorities have heightened surveillance and repression to prevent potential unrest that could impede One Belt, One Road plans. Under Xi, China has strongly asserted its claim to virtually the entire strategic South China Sea and established the Asian Infrastructure Development Bank as a global institution alongside the World Bank, Asian Development Bank (ADB) and International Monetary Fund.

Like this: