US Secretary of State Mike Pompeo announced on July 30, 2018, at the Indo-Pacific Business Forum the upcoming launch of an infrastructure development plan for Asia.
US development initiative for Asia: which impacts on the BRI?
BRI at DoC Research Institute
On May 30 2018, a roundtable entitled “Capacity Building for Infrastructure Development in Emerging Economies” was co-organised by Dialogue of Civilizations Research Institute and T20.
Investment priority in Xinjiang in 2018
In 2018, Xinjiang Autonomous Region will invest 450 billion RMB in infrastructure.
Investment projects will focus mainly on the expansion of Urumqi Airport, and the province’s rail and road networks.
These new investments reflect China’s desire to make Xinjiang an important hub to Central Asia and Pakistan.