With OBOR Now In China Constitution, Rift With India Could Widen

With OBOR Now In China Constitution, Rift With India Could Widen

In a reflection of how China’s leader Xi Jinping is personally pushing his pet One Belt, One Road (OBOR) global infrastructure initiative, the Communist Party of China (CPC) congress today passed an amendment to the party constitution to specifically mention the plan.

China may hit funds roadblock over OBOR, says think tank

China may hit funds roadblock over OBOR, says think tank

China’s ‘One Belt One Road’ mega initiative could hit a roadblock, a Hyderabad-based think tank has claimed, arguing that the country may increasingly find it difficult to fund several infrastructure projects across continents owing to financial constraints at home arising from debts, shadow banking, Ponzi schemes and zombie companies.