China’s Belt and Road Initiative is progressing as it signs agreements with Myanmar. But concerns are raised over competition and debt. It’s been revealed that Chinese companies have signed BRI contracts worth 41% more in 2019 compared to 2018.
Narendra Modi winning India election implies a strong and stable political set-up and continuation of policy initiatives aiding economic growth, says Harsha Upadhyaya, CIO Equity at Kotak Mahindra Asset Management.
As part of the Belt and Road Initiative, China is investing billions in the Pan-Asia Railway Network, connecting the country with Southeast Asia. A key part of the project in Malaysia is now resuming construction.
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