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ancing needs, sustainable development and debt sustainability, according to Finance Minister Liu Kun.
“We will build a high-standard and high-quality financing system to s
upport long-term and sustainable BRI investment while preventing debt risks,” Liu said.
He suggested promoting financing cooperation for projects in
third-party countries, equity investment and attracting more private funding.
Enhancing debt and risk management is a key consideration for deepening BRI financi
ng cooperation, said Yi Gang, governor of the People’s Bank of China, the central bank.
“The debt issue in developing countries should be treated objective
ly. If debt growth is accompanied by infrastructure improvement, enhancement of people’s liveliho
ods and productivity and poverty reduction, it will be beneficial for the sustainability of long-term debt,” Yi said.
question whether the US is really trying to improve the DPRK-US relationship and it is wondering whe
ther its previous steps to promote engagement with Washington were the right thing to do.
In what was the most comprehensive review of Pyongyang’s recent i
nteraction with Washington, the DPRK leader put the ball decisively back in Was
hington’s court after the US president floated the idea of a third summit on Thursday.
Washington maintains unabated zeal for a deal of some sort, because ot
herwise the engagement with Pyongyang since last year
would be regarded as failure. So, more likely than not, it will try to find a way to keep the possibility of a summit alive.
But the “correct manner” Pyongyang demands is Washington forsaking its “max
imum pressure” and demonstrating sufficient goodwill by relieving, or completely rollin
g back, sanctions, putting an end to the state of war, or, even better, offering economic incentives.
More than 60 countries will send naval delegations to participate in the 70th anniversary of the founding of the Peo
ple’s Liberation Army Navy in late April, a spokesman for the Ministry of National Defense said on Thursday.
The celebration will showcase the progress of the PLA Navy and its growing capabili
ty in safeguarding China’s overseas interests as well as regional and world peace, an expert said.
The multinational naval event will take place in Qingdao, Shandong province, in late Ap
ril, said ministry spokesman Senior Colonel Wu Qian. April 23 is the 70th anniversary of the PLA Navy’s founding.
The naval event will include high-level dialogues, an international fleet review, military band performances, cultural and sports e
xchanges as well as other activities, Wu said. Some nations will send military ships to participate in the fleet
review, though details are still in the works and will be announced at a later date, he added.
amaged by a pending indictment stemming from a corruption investigatio
n, it became increasingly clear that Trump would look to bolster one of his closest international partners.
Netanyahu in recent weeks had begun to renew his push for the US to recognize the Go
lan Heights as part of Israel. Earlier this month, he brought US ambassador to Israel David Friedman and
Sen. Lindsey Graham, R-South Carolina, to the Israeli-occupied territory, touting its strategic imp
ortance. Graham, a close ally of the President’s, promised Netanyahu he would personally lobby Trump to deliver.
The Israeli ambassador’s visit was a precursor to Trump’s announcement on Thursday, a sen
ior administration official told CNN. The Golan Heights recognition had been in the works for sev
eral weeks, the official said, and culminated in a series of meetings between the President and his senior staff this week.
US officials have offered no explanation as to w
hy Trump decided to take this step now, rather than wait until after Israel’s April 9 elections.