One of several recently formed infrastructure development banks, the New Development Bank (NDB) of the BRICS emerging economies, will approve a batch of investment projects worth up to US$3 billion by the end of this year. The BRICS nations will be meeting in Xiamen, China, from September 3rd to 5th.
While China has been getting involved with organizing and financing numerous OBOR projects, a little-noticed revolution has also been getting underway within the OBORsphere that could hugely impact China’s future import and export figures.
Featuring the week’s latest updates from the silk road region – China-Russia edition – covering financial, infrastructure developments and news.
The article discusses the raising of funds by China’s top banks, which indicate that Beijing is becoming more focused on investing into the OBOR routes.
Featuring the week’s latest updates from the silk road region, covering financial, multinational, and socio-cultural developments and news.
With both China and Russia gearing up for overseas rail and Arctic shipping potential to Europe, positive moves to accept and accommodate improved rail links are being taken in the Baltics.
This article discusses key regional actors in what is labeled as the new Eurasian age – the coming together of China’s OBOR ambitions with the Russian backed free trade area the Eurasian Economic Union, together with the members of the Shanghai Co-Operation Organisation.
Featuring the 2019 Silk Road Summit, Latin America, The Plastics Industry, Thailand’s Kra Canal, The Space Silk Road, Chinese Tourists, US Dollar Impact, The Sikkim Crisis, Russia’s Black Earth Belt, Singapore’s Cold Shoulder & Haiti Joins In.
A summary of developments along the overland rail routes along the OBOR, and China’s negotiations with regional partners. The article tries to challenge the misconceptions surrounding the financial viability of the OBOR enterprise and China’s motivations behind it.
The week’s round up of infrastructure development news from across the Silk Road Routes.