SYDNEY, March 22 — A state-backed Chinese company has won a contract to develop a key port in Solomon Islands, a major victory in Beijing’s quest to gain a strategic toe-hold...
SYDNEY, March 22 — A state-backed Chinese company has won a contract to develop a key port in Solomon Islands, a major victory in Beijing’s quest to gain a strategic toe-hold in the South Pacific.
The Solomons have become the unlikely epicentre of a diplomatic tussle between China and the United States, after it signed a secret security pact with Beijing in 2022. Major infrastructure projects in the sprawling South Pacific archipelago are increasingly reliant on Chinese investment, notably the construction of a new stadium for the upcoming Pacific Games in Honiara.
The company was established by the Chinese government in the 1970s and has played an integral role in the Belt and Road initiative — a mammoth effort to build influence in developing countries across the globe.
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