Though Beijing has made inroads in addressing some concerns, the true structural challenges for the initiative remain.
Category: China
Cash and Chemicals: For Laos, Chinese Banana Boom a Blessing and Curse
The Chinese offered villagers up to $720 per hectare to rent their land, much of it fallow for years, said Kongkaew, 59, the village chief. They wanted to grow bananas on it.
At ADB meeting, the bank and civil society grapple over reform
During the first major session held on the first day of the Asian Development Bank’s 50th annual meeting in Yokohama, an activist handed President Takehiko Nakao a pair of gifts. The first was a photo book, entitled “A Visual Testimony of Asian Development Bank’s 50 Years of Destruction,” the second a financing trend analysis: “Missing the Mark ADB@50.”
Can ASEAN Save the Mekong River?
As discussions continue, the future of one of the world’s greatest rivers is as bleak as ever.
China’s blasting of Mekong will cause environmental peril
China’s plan to blast waterfalls and rapids to clear the Mekong River to allow large cargo ships to pass through has raised concerns among the public as it will damage the habitat for marine life and harm people’s lives.
ADB president calls for new Infrastructure Investment
More investment in infrastructure is needed to support continued growth in Asia and the Pacific and combat climate change, Asian Development Bank (ADB) president Takehiko Nakao said in his opening address at the 50th annual meeting of ADB’s board of governors on Saturday.
China’s Silk Road threatens the mighty Mekong River
China wants to remove rocks and sandbanks to allow ships of up to 500 tonnes to sail from its landlocked province of Yunnan to the sleepy Laotian town of Luang Prabang.
Local activists protest against Mekong survey
More than 30 local activists Friday held a peaceful protest against the survey operation for the Mekong River Navigation Channel Improvement Project at Pha Phra in Chiang Rai’s Chiang Khong District.
Chinese company to build modern agricultural industrial park in Laos
Lao Ministry of Agriculture and Forestry has signed a Memorandum of Understanding with China’s Xuanye (Lao) Co., Ltd/AVIC International Beijing Co., Ltd on a modern agricultural industrial park project in Laos.
AIIB President Jin Liqun: ‘We’re lean, clean and green, but not mean’
Jin Liqun, the president of the Asian Infrastructure Investment Bank, was in Washington, D.C., this week, on a myth-busting mission, aiming to set the record straight about his institution. The leader of the newest multilateral development bank sought to debunk what he said were misconceptions about the bank’s priorities, operations and politics.