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WSJ What’s News
China Reins In Its Infrastructure Strategy But Not Its Global Ambition
The early years of the Belt and Road Initiative left China with tens of billions of dollars in soured loans, making it a costly way of building global influence. Now Beijing is reworking its flagship infrastructure lending program to shield itself from financial risk and focus on projects that support its evolving ambitions, including securing critical supply chains for things like green-tech minerals and positioning itself as a leader that developing nations can unite behind. In the second episode of our three-part series, “Building Influence,” AidData’s Bradley Parks, SOAS University of London’s Steve Tsang and the WSJ’s Chun Han Wong discuss Belt and Road 2.0 and how even though China is reducing its spending, it is no less ambitious when it comes to pursuing Xi Jinping’s strategic goals. Kate Bullivant hosts.
Further reading:
China’s Belt and Road Plan Is Down, Not Out
China Reins In Its Belt and Road Program, $1 Trillion Later
China Is Starting to Act Like a Global Power
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learning everyday
The Stoic's Guide to Overcoming Obstacles with "The Obstacle is The Way" by Ryan Holiday
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Biz Help For You
Unlocking Sales Success Drewbie Wilson's Proven Formula for Crushing the Day
Send us a textTransform your business and life with Drewbie Wilson’s powerful sales strategies. Stop undervaluing your time, crush impostor syndrome, and call the leads to secure success! #SalesTips #CrushTheDay #EntrepreneurMindsetDownload your FREE 1099 guide to help you file your forms on time and accurately. https://bit.ly/1099guide To download your free resource guide, visit https://affordablebookkeepingandpayroll.com/1099-guide/ Support the showResources: https://affordablebookkeepingandpayroll.com/resource-opt-in Become a supported of the show: https://www.buzzsprout.com/1522381/support
Proactive - Interviews for investors
Wedgemount Resources updates field activities at Huggy Assets, reactivates five wells
Wedgemount Resources CEO Mark Vanry joined Steve Darling from Proactive to provide an update to Proactive on the company's field activities at its recently acquired Huggy Assets. After weather-related delays, Wedgemount has full operations going, including pumping, surface facility optimization, maintenance, chemical treatments, and well workovers.
The company's primary focus remains on the Echo and Novice operational areas, where five additional wells have been brought back online. These wells had been inactive for a significant period before Wedgemount's acquisition. Historical initial production (IP) rates for these wells ranged from 15 to 65 barrels of oil equivalent per day (boepd).
Vanry noted that previous successful chemical stimulations on Wedgemount’s Willowbend leases resulted in improved well performance. The company expects similar or better results from workovers and chemical treatments at Huggy, potentially exceeding the original IP rates.
Looking ahead, Wedgemount has over 100 additional wells that have yet to undergo chemical stimulation, presenting significant production upside over the next two years.
#proactiveinvestors #westmountreosurcescorp #cse #wdgy #otcqb #wdgrf #OilProduction #TexasEnergy #EnergyInvesting #OilandGas #MarkVanry #ProactiveInvestors #EnergyStocks #Investing #OilExploration
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