(Hannah Beech – New York Times)
In the world’s most vital maritime chokepoint, through which much of Asian trade passes, a Chinese power company is investing in a deepwater port large enough to host an aircraft carrier. Another state-owned Chinese company is revamping a harbor along the fiercely contested South China Sea.
Nearby, a rail network mostly financed by a Chinese government bank is being built to speed Chinese goods along a new Silk Road. And a Chinese developer is creating four artificial islands that could become home to nearly three-quarters of a million people and are being heavily marketed to Chinese citizens.
Each of these projects — along with many more — is being built in Malaysia, a Southeast Asian democracy at the heart of China’s effort to gain global influence. Click here to read more.
- More Than Tariffs: China Sees Trade War as a New U.S. Containment Tactic (South China Morning Post)
- China’s Foreign Aid Not Behind Developing Countries’ Debt Baggage (Global Times)
- Chinese Ambassador ‘Regretful’ Over Blocked Aecon Sale (Bloomberg)
- China Hoping to Secure Free-Trade Agreement With Canada Amid Rising Tensions With U.S. (Associated Press)