President Gotabaya Rajapaksa asks Wang Yi for help to restructure debt repayments so South Asian nation can avoid a major financial crisis, after billions lavished on 'low return' projects
China's foreign minister Wang Yi on Saturday pledged $63 million in grants to the Maldives for infrastructure projects, in a bid to deepen cooperation between the two countries.
Beijing has lent African countries billions of dollars as part of the BRI, including $5 billion for construction of a link from the Kenyan port of Mombasa
EU plans to invest 300 billion euros globally by 2027 in infrastructure and digital projects to boost supply chains, plus climate projects and be a 'better alternative' to China's Belt and Road Initiative
Trade with its three main international trade partners - Vietnam, Malaysia and Thailand - rose over 2020 according to official data