Pakistani PM Sharif proposes extending the China-Pakistan Economic Corridor (CPEC), inviting Türkiye to join the multi-billion-dollar project.
Beijing has spent $1 trillion to expand its influence in developing countries, but now the programme is being radically revised because of the credit debts.
The plan, formally announced by US President Biden at the G7 summit, will target countries desperately needing everything from roads to harbours - and until now often relying on the Chinese.
There have been "some concerns on specific issues” from some of the 10 Pacific island nations about the deal that covers free trade, police cooperation and disaster resilience.
The impact of China’s hardening position on coal power, both globally and at home, is likely to be felt across the industry.
Beijing’s preeminent concern is unrest in neighbouring Afghanistan could have a detrimental impact on its economic interests in the region.
China hit back at the group of world's Seven richest democracies a day after G7 leaders adopted a rival plan to oppose Beijing's Belt and Road Initiative by helping build infrastructure in poorer nations.
The White House says funding through the G7 initiative will emphasise the environment and climate, labour safeguards, transparency, and anti-corruption.
The spying saga shows that Washington will go to any length to stop EU states from getting closer to China and Russia.
Pakistan seems to be making a holistic policy shift from geopolitics to geoconomics.
The pact, which was first proposed in January 2016, forms part of Beijing's trillion-dollar Belt and Road Initiative.
Turkey’s President Erdogan makes the call at his ECO summit address, urging the Asian and Caucasus regional leaders to improve relations with the Turkish Republic of Northern Cyprus for regional economic prosperity.
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