be internationally competitive. >> i'm late to the conversation but with respect to china and the belton countries defaulting and not wanting to honor the agreements but what about china's housing crisis i heard they're having problems with their own housing. >> those are important topics particularly on housing with the adult road which definitely does have an effect on many countries around the world because china's financial system is extremely inefficient and state directed and housing is one of them but as they direct that financial system abroad it acts equally and efficiently so they hand out loans for the built-in road which was inefficient. and governments around the world often fund with week simple societies but look at big piles off money put in front of them but they took the loan without clear translation into commercial activity to pay them back so both sides went into the steals with not all of the right intentions or plans so we see a lot of those don't work out and that's why you see the possibilities of default the chinese has like other countries that participate in p

but obviously when you look at what china has done with the belton road initiative, over last year reports are estimated for more than $19 billion in direct investments for countries in the belton road initiative. more than 19 billion in -- and 2 billion our numbers completely at odds. how do you outcompete china, particularly in the space of infrastructure investment when the u.s. government is inputting down the funds that -- by the same token what we are finding as we are looking to support many different markets and sectors is that, in and enormous amount of cases, partners, whether they are governments, companies, prefer to work with united state. or with our western allies and friends. and often, they are willing to do so, on the face of it as it -- as a disadvantage in terms of what may be on offer from the prc. and in learning what in that particular transaction, in that particular infrastructure is a need that they are looking for, we are a contribution that is from the u.s. government or supported by the u.s. government. it will make the difference to them and give them the reass

it's where belton book convent stance. it's home to one of germany's oldest breweries and up to this day, well worth a visit. the most beautiful root of 8 am book abbey takes her across the river through the daniel gorge between limestone, wools up to 70. meet his hein for the full experience hub on excellent, the traditional boat of the gun. you've fishermen put it all is good. and goodwin, once upon a time, a rowing was the only option that i was, but no one does that any more than i submitted it. now we have a motor flight, but we often turn it off to give people the full experiences, get rid of rooms. you can hear the silence. it's very specials because one that is well, when you hear nothing, you can see a lot. ah, for example, you can see the rock formation, the 3 warring brothers. alternatively, you could hike like haiti and hammon, the man for them. hiking is not recreation, it's work. the couple runs the small restaurant eyes. he'd like lu style or little hermitage which you can only reach by foot. it's worth the

in the 1st place. china spent $240000000000.00 to be allowed to belton road countries between 282021. almost 80 percent of the rescue loans were issued between 20162021. argentina received the most with $111800000000.00 followed by pakistan and egypt. 9 countries received less than $1000000000.00. critics of long use china of laurie developing countries into so called debt traps by offering large amounts of loans. to study shows that the chinese bill out loans remain small, but our growing rapidly, beijing on the other hand, rejects these accusations it and says those loans are purely a part of transparent investment projects. dorsey chinas carried out investment and financing corporation with developing countries based on openness and transparency. china respects market laws, international rules and a will of relevant countries. china's never forced any country to borrow money or to pay. we won't attach political conditions to loans and doesn't seek political gains. you could come to sleep. according to the study in 2010, less than 5 percent of china's overseas loans were extended to

catherine belton wrote a book, putin's people, in which she described you as putin's banker. that without you, putin would not be in the kremlin today. are you ready to actually say to me that you feel a real sense of regret or remorse that vladimir putin is there in the kremlin today... no, no, no. ..and you have to take your share of responsibility? with respect, mr pugachev, you want to believe it's a different putin today, but maybe, maybe you just got putin wrong from the very beginning. you underestimated... sergei pugachev, we have to end there, but i thank you very much for joining me on hardtalk. thank you. hello there. the snow was melting on sunday, temperatures were widely in double figures, but that doesn't mean the cold weather has gone away because we've got warnings from the met office through monday and into tuesday for snow and ice across northern parts of the uk. and it's cold in the far north of scotland — temperatures close to freezing first thing in the morning. otherwise, it is a very mild start to monday. we may well have some early sunshine across eas

will will make it easier for us to drive more soccer on the east west highway as part of china's belton road initiative, also known as the new silk road. even if even the equipment and materials, the chinese, many of the residents living along the old road self souvenirs for a living. they makes a road about your progress is always good. but for us villages it's bad because we'll lose our customers. our business would be better along this old road here. long run for service. construction is progressing slowly in this tough terrain. this stretch won't be finished here as a day. oh, we don't care. we've got work. 80 percent of the residents here support the highway construction. we finally got work. companies had secured pledges for financing. the black sea is deep enough here to accommodate freighters that can hold more than 9000 steel shipping can of the dismay of local residence at mound abroad theater. if they were report our lives would improve, jackie, are they not just in a nuclear over will if our old president elisha shock us really we're still in office. the poor would already b

catherine belton wrote a book, putin's people, in which she described you as putin's banker.le that without you, putin would not be in the kremlin today. are you ready to actually say to me that you feel a real sense of regret or remorse that vladimir putin is there in the kremlin today... no, no, no. ..and you have to take your share of responsibility? with respect, mr pugachev, you want to believe it's a different putin today, but maybe, maybe you just got putin wrong from the very beginning. you underestimated... sergei pugachev, we have to end there, but i thank you very much for joining me on hardtalk. thank you. hello, there. we have some disruptive weather on the way. certainly, the next 2a to 48 hours look very snowy indeed across a central swathe of the uk. the met office have issued an amber warning for heavy snow across northern england, particularly over the pennines, where we're likely to see up to a0 centimetres of snow by the time we move through thursday, thursday night and into friday morning. reason for it, this deep area of low pressure, with all its rains

this time it's on doris, which could join china's multi $1000000000.00 infrastructure program, the belton road initiative. but there's more to the mega project than a quick path to investment. many belt a road participants have been struggling to pay back billions and loans, forcing vision to bill of debtors to save its own banking system, which lent them the cash in the 1st place. china spent $240000000000.00 to bill out belt and road countries between 282021. almost 80 percent of the rescue loans were issued between 20162021. argentina receive the most with $111800000000.00 followed by pakistan and egypt. 9 countries received less than $1000000000.00. critics have long accused china of loring developing countries into so called debt traps by offering large amounts of loans. the study shows that the chinese bill out loans remain small, but are growing rapidly. beijing on the other hand, rejects these accusations it and says those loans are purely a part of transparent investment projects. dorsey chinas carried out investment and financing corporation with developing countries based on op

catherine belton wrote a book, putin's people, in which she described you as putin's banker.thout you, putin would not be in the kremlin today. are you ready to actually say to me that you feel a real sense of regret or remorse that vladimir putin is there in the kremlin today, and you have to take your share of responsibility? with respect, mr pugachev, you want to believe it's a different putin today, but maybe, maybe you just got putin wrong from the very beginning. sergei pugachev, we have to end there, but i thank you very much forjoining me on hardtalk. thank you. for many of us this afternoon is looking quite wet with rain or showers, and the rainfall today is going to be added to these totals. in a number of places have seen a wet month already with more rainfall recorded than the first half of the month than we normally get in the whole of the month of march. i have to say there is a lot more to come over the next few days. looking particularly wet over western and north—western areas. it is going to turn out to be a wet month for all of us. today we have a band of r

the belton road initiative is increasingly proving to be a rocky road for beijing spanks. and the countries it promised to help. let's bring in cars fun and so it's on hang in taipei. so i'd like to look a little bit more closely at that $240000000000.00 figure. does this constitute a debt rise off or are these simply an extension of existing loans? kate is the latter a kind of rescue long? and it's like a visual circle when china has to provide 8 to the countries that cannot pay back their debt to china. if we look closely, more than 80 percent of the $240000000000.00 long was banned between 20162021. it was much higher than the mount land by the i a mass over the same period. the sharp rise in chinese foreign aid coincides with the timing of china's 1000000001 row initiative, which is seen by some as a debt trap for countries including 3 lunk on pakistan. but china said this, that risk of developing countries has increased significantly in recent years due to many external factors. so don't use it to quote, sling mud at them. all right, but the spacing of slinging a litt

which will mean fewer accidents and traffic jams about what we did not as minute puzzles of china's belton road initiative, also known as the new silk road. even if the world bank is helping to finance the upgrade, the china road and bridge corporate residents living along the old road self souvenirs for a living. they make ceramics, they get good business, especially during the summer is we'll lose our customers. for our business would be better along this old road out here long for soda cans, drivers or assistance at the construction site, directing traffic, for example, for 7 years a day or 2, we don't care. we've got worked in deep sea port. her founded a consortium led by us and george and companies had secured pledges for financing the black sea is deep. but in january 2020, the georgia government put on the brakes much to the dismay of local residents. that mound of, of the toy in mind. i moved, girlfriend, president promises everything, but nothing happens with over little if our old president alicia shock us really we're still in office. the poor would already gateway to the new s

this time it's on doris, which could join china's multi $1000000000.00 infrastructure program, the belton road initiative. but there's more to the mega project than a quick path to investment. many belt a road participate.

finance its belton road program. we are long overdue to level the playing field. this legislation rights this wrong by requiring the secretary of state to oppose the labeling or treatment of the p.r.c. as a developing country in any international organization or treaty to which the united states is a party. it also directs the secretary iy to seek mechanisms in the international organization to change the status from the prk from a developing -- p.r.c. from a developing to a developed country. we can't have them take unfair advantage of international treaties and organizations. it is time we give developing countries a better chance at participating in programs that are meant for them and not meant for the world's second largest economy. with that i urge all my colleagues to vote yes and i yield the balance of my time. the speaker pro tempore: the gentleman from new jersey reserves. the gentlewoman from pennsylvania is recognized. ms. wild: thank you, mr. speaker. i rise in support of h.r. 1107 and i yield myself such time as i may consume. the speaker pro tempore

or without considering the types of behaviors on the target state is conducting and to mention the beltoninitiative it is a keystone portion of china's effort. i do agree that the nature of the regime is quite important we do have some research that suggests that sea craft is less effective inra the target country is democratic because if individuals just like in the united states can mobilize against the government if they are in collusion with the chinese communist party, they can hold them accountable. so it is a mechanism by which we indirectly shape china's ability to use the built-in road in the way you are describing. >> you mentioned that. china has a playbook with the belton road we have seen it with the 5g support where they go into countries and they operate the commercial ports and kick out the locals and build up infrastructure and then we see that happening across the globe we say formally that the government needs too figure out how do they bring their different tools to the tables on the technology front i have a space background i would offer an example the commercial spa

yes, my name is raphael belton and i've been the chef here for 9 years. today. i'm going to show you how to make spaghetti. i live, angelina. yeah, live all. will it? the key factor in the ingredients is last simplicity. clams from the lagoon. freshly chopped, parsley, white wine, olive oil, and of course spaghetti, ah, i think a martini noise. it's also often made with garlic frito, but here it antigua martini garlic, is a total. no, no. it was even though a lot of people use garlic, not for now. type of clientele does not really like this intense flavor because many of our guests go to the theater after eating here. and going to the theater after eating a lot of garlic, all that isn't exactly ideal, is that the author on the negotiated out the liquor, if you feel, ah, locals and tourists like get their clams from the we all to market the venetian institution. that's almost a 1000 years old. ah, but restaurants like antique martini had their own special delivery by boat. every morning. i'm glad here. the fresher, the better from the sea straight into the pot. b

we really make driving difficult walk you through the east west highway is part of china's belton road initiative, also known as the new silk road. even if the world bank is helping to finance the upgrade, the china road and bridge corporation estate own company is in charge of construction . the work as a chinese, even the equipment and materials a chinese. many of the residents living along the old road sell souvenirs for living. they make ceramics, they get good business, especially during the summer. soccer power over rules and new highways. goods, anniversary of progress is always good. but for us villages, it's bad because we'll lose our customers. if our business would be better along this old road out here, long run for thought of construction is progressing slowly in this tough terrain. this stretch won't be finished for years. georgians are employed as drivers or assistance at the construction site, directing traffic. for example, for 7 years a day or 2. we don't care, we've got work. 80 percent of the residents here support the highway construction. we finally got work. we'r

kinda, you know, carrying out belton road co operation. china never attaches any political strings, nor seeks any selfish political gains. according to the world bank, china is not the largest creditor of africa. nearly 3 quarters of africa's external debt is owed to multilateral financial institutions and commercial creditors. in other words, they account for the bulk of africa's debt china has been working hard to help africa, ease its debt burden, fatal china has taken an active part in the debt service suspension initiative under the g 20. this was also so i'm the western establishment rhetoric about china supposedly being a threat to them. as a quote, cold war mentality. he said that mutual cooperation is the common interest of time . i am away from power. but he warned that china will not allow any infringement upon its sovereignty or total integrity. specific figures for china's defense budget are supposed to be announced during the current policy making event. in beijing we heard from cg, tn correspondence, jensen in who says a focus of the event will be new economic policies ar

russia played a very important role in, in this respect, but also again, you mentioned the soup crow belton road initiative, china's, i get this a hugely expensive project, which we'll see a countries trading in local currency. so this shift away from the dollar massively important because if the u. s. loses the daughter was the well currency, it loses its ability to dominate, while financial markets the prime minister of poland and his romanian counterpart had taken a swine about the european union for failing to deliver on the key points of the western back ukrainian green deal. an oversupply has seen prices in europe tank heading in particular local farmers, hart. here's to take on that serve artie contributor rachel mars well polish prime minister. mateus mar. wiki is usually busy, browbeating germany, france and the u. s. and the rest of the west for not doing enough for ukraine. now, poland is always leading the charge and demanding higher powered weapons for ukraine, and is quick to rummage through its closet for fighter jets and tanks when it can easily replace them with better weap

possibly as, as a more realistic, more pragmatic and related to figure that these developing countries, belton road countries can look to rather than the us know. i spoke about the foreign minister gave his comments at the press conference, and there was also a question about whether this foreign minister is considered more moderate. whether we would see a change in tone that i think the truth is regardless of who the foreign minister is. he will carry out the direction of president. he didn't to itself and it's been made clear by she didn't think himself today on tuesday at the national people's congress. and he's decided to also take a very directly stern tone with washington going forward. and indeed, he could really use many thanks for brings the latest that from aging un is appealing for international aids to help refugees in bangladesh. on sunday, a large fire as a campaign. cox's bazaar destroyed move in 2000 times. schools and hospitals 12 fastened refugees and now without shelter, kind of chandry has more from don who cali in culture. bizarre. nearly 6 years is on there. don't hang a

did it the end of the 20th century is sending out trade sheets and sending out diplomats belton road initiative. yeah. the piece docs between the saudis and iran ears. and so it's saying, hey, we know, you know, it's central at central asia and ask about, in the middle east to say we have something to offer you. and you're right, it's not really based on, you know, kind of a commitment to have the same kind of political system or political reality. it's this idea, you know, united states called the open door, you know, at the end of the 20th century 19th, 20th and early 20th century. and that's kind of what the chinese are doing. they're not saying, hey, we're going to come in here. we're going to blow you to bed. we're going to send you military were approaching armies. what they're saying is we're gonna, you know, extend trade. we're going to help you develop some kind of manufacturing based that will help you know, the word back of the 20 central would be modernized and it's working, you know, and much of the world now. trying to have this diplomatic initiative, this, this politic

particularly to help african nations lower than that burden to foreign powers cardona and carrying out belton road cooperation. china never attaches any political strings nor 6 any selfish political gains. according to the world bank, china is not the largest creditor of africa. nearly 3 quarters of africa's external debt is owed to multilateral financial institutions and commercial creditors. in other words, they account for the bulk of africa debt. china has been working hard to help africa, ease it, step burden. china has taken an active part in the debt service suspension initiative under the g. 20. common law spokesperson also slammed the western establishments rhetoric about china supposedly being a threat to them as a quote cold war mentality. he said that mutual cooperation is the common interest of china and western powers. but he warns that china will not allow any infringements upon it. for warranty or territorial integrity, specific figures for china, the defense budget are expected to be announced during the current policy making event. in beijing. we heard from the dtn correspon

and china accelerated a global post for influence on the african continent when it launched its belton road initiative. in 2013, it focused on developing infrastructure. moscow has increasing, we looked to africa after being sanctioned by the west, over its invasion of ukraine. the foreign minister surrogate library visited the continent twice in 6 months. china's new foreign minister, king gang, went on a 5 country tour of africa in january to start his term. the u. s. first lady joe biden visited namibia on kenya in february. her visit was followed earlier this month by the u. s. secretary of state anthony blinkin, who stopped in ethiopia, an easier judy more as a senior policy fellow at the center for global development on a former liberian minister. he says the biden administration's charm offensive as in stark contrast to what we saw under donald trump. the previous administration didn't see strategic value to deepen in the relationship with africa. the by the administration was to step away from that. the u. s. has been present on the continent for a long time, but as mean would

sick leave, to help african nations lower the debt burden to foreign powers kaiten in carrying out belton road co operation. china never attaches any political strings, nor seeks any selfish political gains. according to the world bank, china is not the largest creditor of africa. nearly 3 quarters of africa's external debt is owed to multilateral financial institutions and commercial creditors. in other words, they account for the bulk of africa's debt. china has been working hard to help africa, ease its debt burden. china has taken an active part in the debt service suspension initiative under the g. 20 less get more details of from a cd and course one gentleman in the. yeah, and thanks so much for joining us here on the mound. important meeting for these 2 sessions, ah, how, how substantial the 2 sessions which i will. i mean, can you describe the main events of this meeting? all right, thanks for the call. i sure will, 1st of all, it's as we know that the to session is one of the most or think the most important political event in china. and what makes this year's event so special or

belton road. co operation. china never attaches any political strings, nor seeks any selfish political gains. according to the world bank, china is not the largest creditor of africa. nearly 3 quarters of africa's external debt is owed to multilateral financial institutions and commercial creditors. in other words, they account for the bulk of africa's debt. china has been working hard to help africa, ease its debt burden, fatal china has taken an active part in the debt service suspension initiative under the g. 20 common we heard from c g t. anchors from the jan chin in as says a focus of the event will be new economic policies and a range of appointed officials. succession is one of the most, or is think the most important political event and china. and what makes this year's event so special or different is that is the 1st year after trying to optimize is coven restriction? so, no wonder, all eyes are on this event to see how china is going to re boost is to economic vitality how. what kind of a g t g d p target is a country going to set? will it be a more conservative one, or will

simply to help african nations low the debt burden to foreign powers. kaiden you are you carrying out belton road cooperation. china never attaches any political strings, nor seeks any selfish political gains. according to the world bank, china is not the largest creditor of africa. nearly 3 quarters of africa's external debt is owed to multilateral financial institutions and commercial creditors. in other words, they account for the bulk of africa's debt. china has been working hard to help africa, ease its debt burden, fatal china has taken an active part in the debt service suspension initiative under the g. 20 holland. well, i suppose person also slammed the western establishments rhetoric about china, supposedly been a federally coach, cold, warm, and solid. st. louis. he said that mutual cooperation is the common interest of china on western powers, which he warned that china will not allow an infringement upon his sovereignty or territorial integrity. specific figures for china's defense budgets are expected to be announced during the current policy making event in beijing. what we he

so i think maybe if we get other things and police 1st, they're making belton and for independence, step away from picturesque parts of the capital like this. and you'll get an idea of the challenges facing hums the use. for example, a recent survey showed 4 percent of scottish households use the food bank in the year to march 2022. that's more than anywhere else in britain. apart from northern england. not surprising then that the 1st minister has said the cost of living crisis is his top priority. but even here in working class, leave, some people say independence should not be relegated to the bottom of the pio chopper class chapter the car. yes, nicholas urgent, couldn't do it. my dog are done, prisoner burger trying again. as i angrily stops us, yusef says he'll need to convince many more people in dependence is a good idea. some may be beyond convincing. i'm happy with any of them that are just professional liason. of course nobody's predicting scotland will break away any time soon, but the government hopes improving the economy could prepare the ground for another go at a referen