Updates about China’s Belt and Road Initiative (a.k.a. The New Silk Road)
Dec. 17 -China has opened a $1.7 billion credit line for Iran for the electrification of the 926 km railway running from Tehran to Mashhad in the east of the country. The terms are excellent: Two-thirds of the cost will be financed by the Chinese government at a very low interest rate, and the remaining […]
Dec. 18, 2017 -The {Rail Freight} journal reports that Poland is hosting the first Rail Freight Summit next year, in the city of Wroclaw. Recent developments, {Rail Freight} writes, have pushed the New Silk Road — also known as One Belt, One Road — to the forefront of the Europe-Asia logistics corridors, what they mean […]
That sums up the report on a dialogue workshop held by the Wathiqat Wattan Foundation in Damascus called “Heading East … China,” given by SANA news agency on Dec. 16. The dialogue was opened by Presidential Political and Media Advisor Bouthaina Shaaban, who is also the Chairperson of the Board of Trustees of Wathiqat Wattan […]
Dec. 8, 2017 -This week, China held the fourth World Internet Conference in Wizhen, with the implementation of the Digital Silk Road on the agenda. President Xi, in an opening statement last Sunday (Dec. 3), stressed “cyber sovereignty” that states should manage and contain their own Internet without interference. This will be important in being […]
Dec. 11, 2017 -Speaking at the Sanya Forum on the Belt and Road, held on Hainan island, former French Prime Minister Dominique de Villepin called the Belt and Road “a showcase project building a new type of regional integration” and “a unique chance for local and global stability.” Globalization has created a complex network of […]
Dec. 5 -At a reception of the Dec. 4-5 Sino-Japanese Entrepreneurs and Former High-level Officials Dialogue in Tokyo,Japanese Prime Minister Shinzo Abe, stressing the need for open economic activity across Asia, gave his approval for Japan’s participation in China’s One Belt, One Road initiative. He said: “I believe Japan will be able to cooperate well […]
Dec. 2 – Chinese and Portuguese public companies last week signed a Memorandum of Understanding for a joint partnership to build rail and road projects in Portuguese-speaking countries in Africa, with the possibility of doing the same in Brazil. The MOU protocol was signed in Lisbon on Nov. 24, at the headquarters of the Portuguese […]
Nov. 25 -{Global Construction Review} (GCR) reported on Nov. 24 the signing of an agreement between China Railway Group and Papua New Guinea to build a roadway system that is estimated to cost $4 billion. Apart from the agreement on the roadway system, government of Papua New Guinea has signed on Nov. 20 a series […]
Nov. 27 -Joint cooperation through the global Belt and Road Initiative was the leading topic at the Sixth Summit of the China-Central and Eastern European countries (CEEC), also known as the “16+1 Cooperation,” which opened today in Budapest. The Hungarian and Chinese Prime Ministers, Viktor Orban and Li Kequiang, kicked off this discussion in their […]
At a Beijing forum on China-Latin America Investment Productive Capacity Cooperation, held on Nov. 22, there was enthusiastic endorsement of the Belt and Road Initiative (BRI) by the many Ibero-American and Caribbean participants, representing Jamaica, Uruguay, Chile, Mexico, Ecuador, Peru and Cuba, Xinhua reported Nov. 22. Officials from two Chinese companies also attended the conference, […]