Xi pushes Belt and Road Initiative port alliance amid Iran war, Panama Canal dispute

President Xi Jinping has vowed to advance the creation of an international port alliance under the Belt and Road Initiative, at a time when the world’s top merchandise exporter confronts mounting challenges to global shipping routes – from the Strait of Hormuz to Panama. An excerpt of his speech, initially given at a closed-door meeting on July 1, 2025, was first published on Monday by Qiushi, the Communist Party’s top theoretical journal. “[China needs to] deeply participate in global ocean...

By Frank Chen