The China-Shanghai Cooperation Organisation Local Economic & Trade Cooperation Demonstration Area in Qingdao has attracted billions of dollars in investment and has raised a regional investment fund The Shanghai Cooperation Organisation (SCO) has been setting up, as part of its trade remit, development zones, with one of the first being sited in Qingdao. The SCO is[…..]
Would link the industrial Afghanistan city of Herat to the INSTC The two heads of Iran Railways (RAI) and Afghanistan Railways have met to discuss ways to resume the launch of Khaf-Herat Railway. This planned route would extend into Afghanistan’s Western border to the industrial city of Herat and assist with Afghani reconstruction and development. Iran[…..]
The Central Bank of Iran (CBI) has approved the establishment of offshore banks in free trade and industrial zones, according to the Secretary of the Supreme Council of Free and Special Economic Zones Saeed Mohammad, with an Offshore bank already to be established by the Organization of Free Trade-Industrial Zones.
Kyrgyzstan increased its exports of commodities to Uzbekistan during January to April 2022, according to the National Statistical Committee of Kyrgyzstan. The news validates the decision taken recently to commence work on the China-Kyrgyzstan-Uzbekistan (CKU) railway, with export trends in favour of the routes success.
Compiled By Chris Devonshire-Ellis Analysis & Opinion What Belt & Road Slowdown? China Tops Global Outbound Investment And Inbound Investment Rankings And Just Liberalized Hong Kong’s Financial Services Industry (Silk Road Briefing) Assisting Western & Russian Companies Plan Their Post-Conflict Investment Strategies (Dezan Shira) Projects Such As BRI Should Be Executed Striking Strategic Diplomatic Balance[…..]
The China Plus Central Asia C+C5 Forum: Statements and Analysis By Chris Devonshire-Ellis China’s Foreign Minister Wang Yi has been attending the third China + Central Asia (C+C5) Foreign Ministers’ Meeting in Nur-Sultan, Kazakhstan, hot on the heels of his trip to the Pacific Islands. The C5 include Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Central[…..]
By Chris Devonshire-Ellis Foreign direct investment and China outbound investment have hit record levels. Western media often takes aim at China’s Belt and Road Initiative, which has to be one of the inaccurately reported of all China’s State Initiatives. Readers themselves will be familiar with discussions of ‘slowdowns’, ‘disruptions’, ‘debt traps’ and all manner[…..]
Expansion of the route makes Thailand a ‘China Plus One’ Option The China-Laos Railway which opened late last year, is being extended through to Thailand. The Laos section has proven so popular that the frequency of train service has had to be increased several times due to demand.
By Chris Devonshire-Ellis The CKU Railways will create significant trade opportunities for Kyrgyzstan and Uzbekistan while linking China directly to the Middle East via Rail, with spin off benefits throughout the region. China has finally pushed the ‘Go’ button on the long-awaited China-Kyrgyzstan-Uzbekistan (CKU) railway, with work on the route expected to start in spring[…..]
Bilateral trade doubled in 2021 China’s Foreign Minister, Wang Yi has been visiting the South Pacific Islands, with Papua New Guinea and Timor Leste in East Asia being the last stops on this regional trip. Following concerns about a proposed Chinese security presence in the region, discussions have concentrated far more on trade and development.[…..]