Sunday, June 25, 2017

Tag: Belt and Road Initiative

Xi Jinping’s Swiss visit to present positive Chinese message: ambassador

Chinese President Xi Jinping's upcoming Swiss visit will present a confident, open, responsible and positive Chinese voice to the world, Ma Zhaoxu, China's Permanent Representative to the United Nations Office at Geneva (UNOG) and Other International Organizations in Switzerland, wrote in a signed article published on People’s Daily on...

America’s Russia Policy Has Failed

By any number of measures, Washington’s Russia policy has failed. While ostensibly suffering from diplomatic and economic isolation under a U.S.-led international sanctions regime, Moscow has succeeded in challenging a wide range of American interests, most notably in Ukraine, Syria, and cyberspace. Coming up with a new approach on Russia should therefore be a top priority for either President Hillary Clinton or President Donald Trump soon after Jan. 20, 2017.

Philippines open for business with China, says finance minister

Opportunities for the two countries to cooperate on infrastructure, says Carlos Dominguez. The Philippines' new government plans to court Chinese investment to fund an ambitious infrastructure programme, the latest sign of warming ties between the two nations that have been at loggerheads over territorial claims in the South China Sea. “The...

It’s Time for China Analysts to Stop Talking Past One Another

What exactly is going on in the People's Republic? Even with good data, experts can't agree. On August 12, the International Monetary Fund (IMF) issued its annual report card on China's economy and gave the country mixed grades, finding that its “economic transition will continue to be complex, challenging, and...

Song Xin: Increase Gold Reserves And Join SDR

The Chairman of the China Gold Association and General Manager and Party Committee Secretary of China National Gold Group Corporation, the latter being China's largest gold mining enterprise, is Song Xin and happens to be one of my favorite commentators in China. This gentleman made waves in July 2014...

Putin Praises ‘All-Embracing’ Partnership of Russia, China

Russian President Vladimir Putin on Saturday emphasized economic ties with China and praised what he called Russia's "all-embracing and strategic partnership" with its neighbor, during a visit to Beijing that takes place against the background of a drop in trade and lingering mistrust. Putin told Chinese Premier Li Keqiang that...

China’s Pivot to Putin’s Friends

The Moscow-Beijing partnership is stalling. But Xi is winning over the Russian president’s inner circle with favorable loans and sweetheart energy deals. When Gennady Timchenko — a Russian oligarch and close friend of President Vladimir Putin — was appointed chair of the Russian-Chinese Business Council, an association of more than...

SCO alignment of regional cooperation with Belt and Road Initiative – Chinese Commerce Minister

TASHKENT, June 24 (Xinhua) -- The Shanghai Cooperation Organization (SCO) will enter a new phase of aligning regional economic cooperation with fulfillment of the "Belt and Road" initiative, on the basis of great contribution in the past, a senior Chinese official said here Thursday. During the past 15 years since...

Troubled Russia Tries to Exploit Links to China

Putin to visit Beijing in bid to boost trade and ties as Russian economy struggles from Western sanctions. Russian President Vladimir Putin will try to bolster trade and economic ties when he visits China on Saturday to meet Chinese President Xi Jinping, as Russia’s economy struggles amid Western sanctions and...

Xi, Putin meet on promoting SCO’s regional role

TASHKENT, June 23 (Xinhua) -- Chinese President Xi Jinping and his Russian counterpart Vladimir Putin met here Thursday on enhancing bilateral ties and promoting the Shanghai Cooperation Organization (SCO)'s role in regional development and security. The two heads of state met briefly late Thursday ahead of the 16th SCO summit...

China’s New Silk Road Into Europe Is About More Than Money

Beijing is spending billions on new ports and rail lines, but its ambitions for Europe are as much about geopolitics as commerce. China is actively building out the European portion of its ambitious new “Silk Road” plan, with port deals from Greece to the Netherlands, railroad investments in Greece, Serbia,...

The Silk Road railway will not work without Poland

The Ukrainian state-owned railways have recently presented a project of a possible branch of the New Silk Road railway. It would connect Ukraine and Europe with Iran, thereby facilitating commercial contacts with various states of the Persian Gulf and even India. Now they need Poland. For the time being, the launch...

Eurasia: China and Russia is Where It’s Happening

In 1865 at the end of the US Civil War New York journalist Horace Greeley popularized the expression, “”Go West, young man, and grow up with the country.” Today, some 150 years later, as the colossal economy of the United States of America sinks into obsolescence, outsourcing, income depression,...

China Quietly Prepares Golden Alternative to Dollar System

China, as current chair of the G-20 group of nations, called on France to organize a very special conference in Paris. The fact such a conference would even take place in an OECD country is a sign of how weakened the hegemony of the US-dominated Dollar System has become. On...

Eurasia Silk Road Economic Transformation

Over recent months I have often written about the potential of China’s strategic One Belt, One Road Eurasian and Asian infrastructure Great Project to act as a global economic transformer toward positive, sustained economic growth. It’s becoming clear by the day that strategic economic planners in Beijing have been...

In Odyssey for Chinese, Greece Sells Its Fabled Port of Piraeus

With the sale, China’s state-owned COSCO aims to turn a once-sleepy port into the “dragon’s head” of the New Silk Road. Beijing’s ambitions to build a modern-day “Silk Road” connecting China, Central Asia, and Europe took a big step forward Friday when Chinese state-owned shipping giant COSCO finally sealed a...

China develops continent-spanning railroad to Europe

China is pioneering a trans-continental rail service carrying cargo between the Far East and Western Europe with the aim of capturing some of the freight which currently moves by sea and air. China has the financial resources and the economic incentive to build a major transcontinental railroad service within the...

Iran Links to Eurasia with Persian Canal

With the US and EU economic sanctions gone, it’s becoming clear that Iran today wants to build not destroy as the West seems hell-bent to do. The latest is announcement that Teheran has decided to proceed with a major infrastructure project which will take perhaps a decade to complete—an...

Why are Russia and China Buying Gold, Tons of it?

Gold is one of the most fascinating of all rare metals. Throughout all history it has been given a special, at times sacred or spiritual value, since six thousand years ago when the Egyptian Pharoahs’ tombs were filled with it to accompany the dead on their journey. In times...

Hillary Emails, Gold Dinars and Arab Spring

Buried amid tens of thousands of pages of former US Secretary of State Hillary Clinton’s secret emails, now being made public by the US Government, is a devastating email exchange between Clinton and her confidential adviser, Sid Blumenthal. It’s about Qaddafi and the US-coordinated intervention in 2011 to topple...

China And The Middle East – Is The Balance Shifting?

Onlookers might have been surprised a few weeks ago to see the Ambassadors of China and Turkmenistan standing side by side in the rather inauspicious surroundings of the Tehran railway station to witness the arrival of a freight train containing small commodities. This was however no ordinary freight train, but...

China is spending nearly $1 trillion to rebuild the Silk Road

Two weeks ago, a 32-container train from Wuyi, China arrived in Tehran, Iran. You might think the arrival of cargo by rail would be no big deal, but in this case you’d be wrong. This was the first journey of its kind between the two cities, and it shortened...

Iran Makes Trade, Not War, with Eurasia

If the intent of the Obama Iran strategy was to woo the great Persian nation to the West in a complex geopolitical game, and turn her against Russia, China and the emerging Eurasian Century being constructed around China’s One Belt, One Road project, it is emerging as another colossal...

First Silk Road train arrives in Tehran from China

Tehran (AFP) - The first train to connect China and Iran arrived in Tehran on Monday loaded with Chinese goods, reviving the ancient Silk Road, the Iranian railway company said. The train, carrying 32 containers of commercial products from eastern Zhejiang province, took 14 days to make the 9,500-kilometre (5,900-mile)...

After Piraeus Port, China’s COSCO eyes Greek trains to build Europe hub

ATHENS/SHANGHAI, China's COSCO is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said, as the state owned shipping giant forges ahead with a plan to build a European transhipment hub. Buying TRAINOSE and...

Iran Completes Eurasian Golden Triangle

Sometimes profound tectonic shifts in the global politics arise from least noticed events. Such is the situation with Iran and the recent visit to Teheran of China’s President Xi Jinping. What emerged from the talks confirms that the vital third leg of what will become a genuine Eurasian Golden...

The Belt and Road Initiative

The Belt and Road Initiative refers to the Silk Road Economic Belt and 21st Century Maritime Silk Road, a significant development strategy launched by the Chinese government with the intention of promoting economic cooperation among countries along the proposed Belt and Road routes. The Initiative has been designed to...

Ukraine tests new shipping route to Asia bypassing Russia

Ukrainian authorities on Jan. 15 launched an experiment that may allow the country to bypass Russia completely when shipping goods to Asia. A demo container train sent from the Illichivsk Port to Kazakhstan is now testing the new trade route. The train will arrive in Kazakhstan in 12 days. On...

China seeking to link Iran to its New Silk Road

Iran is arguably one of China's closest partners in the Middle East. And with economic sanctions on Tehran set to be eased, DW examines China's latest proposal to integrate Iran into its New Silk Road Initiative. Seeking to capitalize on the easing of international sanctions on Iran, China's railway authority...

What Can China’s New Silk Road Do For Global Trade?

In October 2012, Wang Jisi – professor at Beijing University – urged China to re-open its ancient commercial trade routes with the West. In 2013, China’s President, Xi Jinping proposed to its neighbors the “One Road, One Belt” initiative. China’s aim? To achieve $2.5tn in additional annual trade with...

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