With eyes fixated on China, the just concluded G7 summit in the UK announced an infrastructure plan, aiming to rival the Belt and Road Initiative (BRI) adopted and implemented by China. Though it was entitled as a "Build Back Better World" (B3W) initiative, experts pointed out that it...More

Chinese and foreign firms are showing increasing enthusiasm toward China's new infrastructure plan as it accelerates the move toward new emphases and is expected to bring new drivers for the economy and help hedge against the fallout of the coronavirus outbreak. Chinese tech giant Tencent recently announced it...More

Some Western countries are painting the Democratic People’s Republic of Korea as an isolated country without any development, describing it as “the most isolated and closed country” and a “totalitarian state” and stressing the “need to induce its change.” Is the DPRK really stagnant and isolated from the...More