Sunday, May 26, 2019

Tag: Export-Import Bank

Malaysia to award $18.3b KL-Kelantan rail project to China

Malaysia is awarding a RM55 billion (S$18.3 billion) rail project to China Communication Construction Company (CCCC), just two weeks after Prime Minister Najib Razak made public the plan to build the Kuala Lumpur-Kelantan line. The 620km mega project will be the third involvement of China firms in major projects in...

Ethiopia has a lot riding on its new, Chinese-built railroad to the sea

ADDIS ABABA, Ethi­o­pia — The sleek, white train glides through the hilly Ethiopian countryside, the first to travel this route in nearly a decade. The contrast is stark as the new, Chinese-made electric train passes horse-drawn carriages, oxen hauling plows and crowds of curious village children. But soon it crosses...

Chinese fund eyes Glencore’s gold mine in Kazakhstan

China's Silk Road Fund, a US$40 billion pool set up to invest along the ancient trade routes with Central Asia, is discussing a joint bid for Glencore Plc’s gold mine in Kazakhstan. The fund is partnering with China National Gold Group Corp on a possible joint offer for the Vasilkovskoye...

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...

Should Russia Be Afraid of Chinese Plans in the Far East?

A recent memorandum of cooperation signed by Moscow and Beijing has Russians worried about Chinese “colonization” of the Far East. However, a careful analysis of the situation suggests there is little reason for Russians to fear Chinese industrial expansionism. After hearing Russian politicians and pundits react to Moscow and Beijing’s...

Russia LNG Plant Gets $12 Billion From China Amid Sanctions

Russia's Yamal LNG, the biggest project to produce liquefied natural gas in the Arctic, signed loan agreements with two Chinese banks after more than a year of discussions with its majority shareholder targeted by U.S. sanctions. The accords signed with the Export-Import Bank of China and the China Development Bank...

China Railway links Ethiopia to Red Sea

Nothing could be more symbolic of the decline of Europe and the rise of Eurasia than the construction of a modern railway from the Ethiopian capitol of Addis Ababa to a port on the Red Sea in Djibouti. The Rail line is being built by Chinese Civil Engineering Construction...

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...

China’s Global Ambitions, Cash and Strings Attached

EL CHACO, Ecuador - Where the Andean foothills dip into the Amazon jungle, nearly 1,000 Chinese engineers and workers have been pouring concrete for a dam and a 15-mile underground tunnel. The $2.2 billion project will feed river water to eight giant Chinese turbines designed to produce enough electricity...

China-Russia sign raft of agreements after Xi-Putin talks

China and Russia have agreed in Moscow to integrate the Beijing’s Silk Road Economic Belt initiative with Moscow-led Eurasian Economic Union (EAEU). Chinese President Xi Jinping and his Russian counterpart, Vladimir Putin held talks in Moscow. “The talks concluded with the adoption of a joint declaration on deepening comprehensive partnership and strategic cooperation and promoting mutually advantageous ties,...

China Makes Multibillion-Dollar Down-Payment on Silk Road Plans

China's unveiling of a $28-billion infrastructure investment package for Pakistan on Monday offers an early glimpse into how Beijing plans to finance its ambitious vision for a modern reconstruction of the Silk Road. After decades of shying away from aggressive foreign policy moves, China is attempting to play a much...

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