Editor's note: Ngovi Kitau is the former Kenyan ambassador to the Republic of Korea. The article reflects the author's opinions, and not necessarily the views of CGTN.
The Asian Development Bank's activities in Central Asia may look like a challenge to the AIIB and belt and road projects. But Beijing could welcome help in bridging the vast infrastructure gap in the region, which can only enhance its links with Europe.
China is willing to help Malaysian authorities cripple transnational crime syndicates involving its citizens here, said China's Ambassador to Malaysia, Bai Tian.
India on November 4 decided not to join the Regional Comprehensive Economic Partnership (RCEP), a free trade deal involving the 10 countries of the Association of Southeast Asian Nations (ASEAN), Australia, China, South Korea, Japan, and New Zealand.
China's central bank launched on Friday a fresh crackdown on cryptocurrency trading in the financial hub of Shanghai, after Beijing's promotion of blockchain technology reignited interest in virtual currencies.
The European Union needs a development bank so that it can strengthen its capacity to respond to global and regional challenges – above all, to risks and opportunities in Africa. At a time of increasing uncertainty, growing international threats, and fundamental challenges to multilateralism, solid institutions are needed more than ever.
While the Regional Comprehensive Economic Partnership is unlikely to add to Singapore’s trade numbers in the short term, it will be a boon for the economy in the long run, says SMU associate professor Henry Gao.