“Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.”
Tuesday, December 05, 2017
Colonialism v2.0: Not As Easy As You Think
Pakistan, Nepal, Myanmar Cancel Chinese Projects, Jolting Belt and Road Plan
In the short space of just a few weeks, Pakistan, Nepal and Myanmar have confirmed the cancellation three major hydroelectricity projects planned by Chinese companies. The rejection of the three projects, worth nearly $20 billion, comes as a serious jolt to China’s ambitious trade-linking project, the Belt and Road Initiative (BRI).