Compiled By Chris Devonshire-Ellis Analysis & Opinion China’s Bid for World Domination: Belt and Road Initiative (Epoch Times) Managing China’s Regional Economic Integration (East Asia Forum) US-China Tech Race: Brave New World (Financial Times) Russia-Ukraine War Accelerates Collapse Of China’s Belt & Road Global Strategy (Epoch Times) Xi Has Made His Choice: He Is Sticking[…..]
China has begun opening a new route for freight trains from Xi’an (China’s northwest Shaanxi province) to Germany’s Mannheim using multi-modal rail and sea transport through the Black Sea and Caspian Sea, according to ADY Containers in Azerbaijan.
New opportunities are looming as Europe-Asia supply chains move and EU trade agreements are exploited Uzbekistan and Turkmenistan are discussing new ways to cooperate in industry and commerce, with the Uzbek Ministry of Investment and Foreign Trade in the form of Deputy Prime Minister – Minister of Investments and Foreign Trade of the Republic of Uzbekistan[…..]
New routes also open up the EU to the Caucasus and Turkey, the Middle East, East Africa, Central Asia, India, Pakistan and South-East Asia. Alireza Peyman Pak, Chair of Iran’s Trade Promotion Organization, has stated that Iran is planning to double its exports to Eurasian counties, with the International North-South Transportation Corridor (INSTC) enabling Iran to have access[…..]
Protecting a diminishing domestic market or reaching out to a larger trade world: Sri Lanka’s entrenched, old style trade monopolists need to be moved out for the country to have any chance of revival The embattled Sri Lankan Prime Minister, Mahinda Rajapaksa has been casting a financial fishing net around Asia as the country[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion How Does the Russia-Ukraine War Affect Asia’s Political Economy?(The Diplomat) The Russia-Ukraine War Accelerates The Collapse Of China’s Belt & Road Global Strategy (Epoch Times) Why China Should Watch Out For The Impact of US Infrastructure Plans (South China Morning Post) The Middle Corridor: A Potential Alternative to[…..]
The Deputy Governor of the Bank of Israel has announced it will reduce its US dollar holdings and add the Chinese RMB Yuan to its basket of foreign currency reserves. The bank has previously only held US dollars, Euros and British Pounds.
Construction work has been completed on the first 11 km of the 35 km stretch of the Rasht-Caspian railway line in Iran’s northern Gilan Province, according to Abbas Khatibi, the Deputy Director of the Construction and Development of Transportation Infrastructures Company (CDTIC).
Nations celebrate 30 years of diplomatic relations as Baku requests Karabakh investments from Beijing Azerbaijan and China have been celebrating 30 years of diplomatic relations, with congratulatory messages between the two Presidents in addition to developing trade and supply chain initiatives.
The International Monetary Fund (IMF) has launched their first-ever Trust Fund, the ‘Resilience & Sustainability Trust’ (RST) with an investment value of US$50 billion. The finance will be available from May 1.