Tag: Apec
BRI Woos Pacific as U.S., Allies Sharpen Response
China’s controversial Belt and Road Initiative (BRI), the world’s largest infrastructure investment scheme to date, has gained several new Pacific island members. Radio New Zealand reports that the latest countries to join BRI’s ranks include Fiji and the Cook Islands, while Chinese state-run media touted enhanced BRI ties with Brunei. Another new addition is Tonga, which received a five-year deferment on a concessional loan after it joined BRI’s ranks. ReutersNovember 19, 2018
