ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Japan to propose G-20 aid rules to check China's Belt and Road

Openness, transparency and sustainability to be keys for infrastructure investment

Some of Sri Lanka's Chinese-backed infrastructure projects, such as Colombo Port City shown above, have helped push the country towards a balance of payments crisis.   © Reuters

TOKYO -- Japan will propose new guidelines on development assistance when it hosts the Group of 20 summit in June, as it tries to check China's growing influence through infrastructure projects, sources have told Nikkei.

The new guidelines -- tentatively called "G-20 principles on quality infrastructure investment" -- will spell out anti-corruption and fiscal sustainability as key principles for development assistance to encourage major donors such as China to follow international norms when undertaking infrastructure projects in Asia and Africa, the sources said.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more