Solar Energy News  
TRADE WARS
US at UN takes aim at China's Belt and Road initiative
by Staff Writers
United Nations, United States (AFP) March 15, 2019

The United States on Friday clashed with China at the UN Security Council over Beijing's Belt and Road initiative, saying the infrastructure investment scheme had "known problems" with corruption and debt distress.

The US-China spat soured negotiations on a resolution on Afghanistan, forcing the council to adopt a temporary rollover of the UN mission there for six months instead of a year.

Beijing's flagship initiative, which aims to develop new trade routes through major infrastructure projects such as airports and roads, has been described by critics as Chinese expansionism.

US Acting Ambassador Jonathan Cohen accused China of demanding that the resolution highlight the Belt and Road initiative "despite its tenuous ties to Afghanistan and known problems with corruption, debt distress, environmental damage, and lack of transparency."

Cohen bluntly accused China of holding UN negotiations hostage "by making it about Chinese national political priorities rather than the people of Afghanistan."

China shot back, with Deputy Ambassador Wu Haitao telling the council that Cohen's remarks were "at variance with facts and fraught with prejudice."

"This is an initiative of economic cooperation aimed at achieving common development and prosperity. It has nothing to do with geopolitics," said Wu.

The sharp exchange came as the United States and China are locked in negotiations aimed at ending a trade war that has left businesses struggling with tariffs on billions of dollars in two-way commerce.

The UN resolution on the Afghanistan mission has contained language on cooperation with the Belt and Road initiative since 2016.

The US insistence that the call for cooperation with the Chinese initiative be dropped from the resolution followed sharp criticism last year by Vice President Mike Pence who said the program had left countries drowning in debt.

The United States has sought to challenge the Chinese scheme but the initiative continues to draw support. On Monday, Italy said it would sign a memorandum of understanding to officially support the Belt and Road Initiative.

More than 123 countries have signed agreements to cooperate with China under the program, Wu said.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
Britain eyes Brexit 'no-deal' trade shift to China
London (AFP) March 13, 2019
Britain on Wednesday unveiled a contingency trade policy that favours global giants such as China over EU countries in case of a messy divorce from the bloc. London is bracing for the worst as it races toward the March 29 Brexit deadline without a plan for unwinding its 46-year involvement in the European project. A sudden "no-deal" split would see an end to the current free trade arrangements between Britain and its EU partners overnight. The government said it would mitigate the damage on ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Engineered microbe may be key to producing plastic from plants

Turning algae into fuel

Capturing bacteria that eat and breathe electricity

Climate rewind: Scientists turn carbon dioxide back into coal

TRADE WARS
A robotic leg, born without prior knowledge, learns to walk

Movie technology inspires wearable liquid unit that aims to harvest energy

Progress on lifelong learning machines shows potential for bio-inspired algorithms

Business with human and robotic exploration

TRADE WARS
Improved hybrid models for multi-step wind speed forecasting

UK targets surge in offshore wind power

Ingeteam commissioned over 4GW of wind converters in 2018

Sulzer Schmid's new technology platform slashes cost of drone-based rotor blade inspections

TRADE WARS
Fiat Chrysler to recall 863,000 autos over emissions

$20 million settlement reached in Uber driver lawsuit

Tesla changes course, will keep more showrooms open

Tesla gets $520 mn funding for first Chinese plant

TRADE WARS
Powering devices - with a desk lamp?

Green Hydrogen to become affordable alternative by 2035, DNV GL study finds

New reactor-liner alloy material offers strength, resilience

Light pulses provide a new route to enhance superconductivity

TRADE WARS
RWE looks to 2019 to complete transformation

Team solves a beta-decay puzzle with advanced nuclear models

Fukushima evacuees resist return as 'Reconstruction Olympics' near

Lithuania asks Belarus to convert nuclear plant to gas

TRADE WARS
CO2 emissions in developed economies fall due to decreasing fossil fuel and energy use

S.Africa imposes severe power cuts ahead of election

To conserve energy, AI clears up cloudy forecasts

Keeping the lights on during extreme cold snaps takes investments and upgrades

TRADE WARS
Gabon seizes haul of 'sacred' wood: NGO

Peru opens military base to protect Amazon from deforestation

Culturally sensitive conservation approaches needed to protect Ethiopian church forests

As sea level rises, wetlands crank up their carbon storage









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.