Op/Ed by Chris Devonshire-Ellis Overall Wealth Remains In The West But Future Manufacturing Competitiveness Is Along The Belt And Road Much of the West’s media attention concerning China’s Belt & Road Initiative is either negative, or about yet another country joining the scheme. Little has been said about the countries and self-governing territories that have[…..]
By Chris Devonshire-Ellis China’s growth since 1992, when I first began working in the country has of course been remarkable. Most commented on are the changes in infrastructure, and especially the building boom – back in 1992 one of the tallest buildings in Shanghai was the Art Deco Park Hotel just off the old Racecourse,[…..]
UnionPay Becoming The Card Of Choice Throughout Central Asia & Transcaucasia UnionPay International has announced that it has entered into cooperation with Armenia’s ACBA Bank to permit UnionPay acceptance at merchants and ATM terminals of ACBA. This is the first time UnionPay cards have been accepted in Armenia.
Unification of BRICS Arbitration Standards Required – But Who Will Host? The BRICS nations are developing an interaction model for a single arbitration center for its members and other developing economies, the executive secretary of the arbitration commission of the Association of Russian Lawyers Roman Gerakov stated yesterday.
Op/Ed by Chris Devonshire-Ellis Azerbaijan Developing As A Hub For The Belt & Road, European Union & Eurasian Economic Union Shahin Mustafayev, Azerbaijan’s Economic Minister, has stated that bilateral trade between Azerbaijan and Russia saw a 23 percent growth in the first seven months of this year. He pointed out further potential for expanding the bilateral[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion A Healthy Fear Of China (New York Times) Three Reasons Why The US Should Not Compete With The Belt & Road Initiative (International Policy Digest) Bridging The Belt & Road Divide (Carnegie Endowment) Understanding China’s Belt & Road Initiative (Business Journalism) China Banks On The Belt & Road[…..]
The Solomon Islands have become the latest Pacific nation to cut diplomatic ties with Taiwan, recognize China, and sign agreements with China’s Belt & Road Initiative. This comes as the Solomon Islands Prime Minister Manasseh Sogavare has met Chinese President Xi Jinping in Beijing this week.
China has gained a Pacific Ocean ally and Taiwan lost one as the Republic of Kiribati moved to recognize Beijing over Taipei last month. That has been followed by agreements between Beijing and Tarawa concerning the Belt & Road Initiative. The switch by Kiribati to formally recognise China has come as now great surprise. Because[…..]
Sino-Russian bilateral trade to significantly increase with new joint venture Op/Ed by Chris Devonshire-Ellis The creation of a new joint venture between Russia’s State Owned Direct Investment Fund (RDIF), the Russian search engine and email account company Mail.ru Group, China’s Alibaba and Russia’s mobile phone network operator Megafon will help achieve the level of US$200 billion in bilateral trade between the two countries set[…..]
Uzbekistan Joining Would Add 32 Million Consumers To EAEU Trading Bloc Uzbekistan is considering joining the Kremlin-led Eurasian Economic Union, potentially adding 32 million people to the group as well as giving it a political boost. Quoting Valentina Matviyenko, chairwoman of the Federation Council of Russia, the upper chamber of the Russian parliament, Russian media[…..]