China and and Pacific Island nation of Kiribati have signed a Memorandum of Understanding (MOU) for cooperation on the Belt and Road Initiative. Chinese President Xi Jinping and Kiribati’s President Taneti Mamau witnessed the signing at the Great Hall of the People in Beijing after holding diplomatic talks. China and Kiribati resumed diplomatic relations in September 2019[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion How China Is Reshaping International Development (Carnegie) Foreign Investment Into China Rose 6% In 2019 (China Briefing) The U.S. Response To China’s New Silk Road Will Be A Legacy Of The Administration (Finance Yahoo) A Digital Silk Road Inspired By China’s Belt & Road Initiative (South China Morning[…..]
Op/Ed By Chris Devonshire-Ellis Administrative, Legal, Tax & Free Trade Infrastructure Developments Point To Increasing Foreign Participation China has been making steady progress along the BRI and will continue to do so in 2020. This has not just been limited to infrastructure projects; much documentation and regulatory agreements have been put in place too. A[…..]
China’s UnionPay International (UPI) announced on Monday that it has cooperated with Privredna Banka Zagreb (PBZ), the largest financial institution in Croatia, to enable local merchants to accept UnionPay cards as well as provide facilities for all the Bank’s ATMs to accept UnionPay cards. With these developments, UnionPay’s acceptance scope in Central and Eastern Europe[…..]
Op/Ed by Chris Devonshire-Ellis With a Donald Trump ordered assassination of Iran’s most senior General a few days ago, the world was introduced to 2020 with rather more than the traditional balloons and whistles. Just three days into the new decade and a major problem has been foisted upon global politics. It is not an[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion China’s Global Outlook In 2020: The Risks & Rewards (China Briefing) The US Emerging Markets Opportunity Along The Silk Road (Washington Times) BRI Embodies A Different Modernity Norm (Global Times) Can The New Silk Road Compete With The Maritime Silk Road? (Maritime Executive) China Drops $11 Billion Anchors[…..]
Building the Debt on the RoI rather than the cost of the raw Asset Op/Ed by Chris Devonshire-Ellis A new book, titled China’s Belt and Road Initiative: Potential Transformation of Central Asia and the South Caucasus written by Evgeny Vinokurov, Chief Economist at the Eurasian Fund for Stabilization and Development provides a qualitative assessment of[…..]
Following Georgia and Armenia, the Azerbaijani Government have said on December 27th that it will grant international airlines so-called ‘Open Sky’ access, a move driven by growing demand for stopovers on East-West aviation routes. By granting the fifth and seventh tenants of the UN’s Freedom of the Air, Azerbaijan will allow international airlines to use[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion China’s $1.3 Trillion Global Spending Spree Will Collapse (Financial Times) China’s Belt & Road Initiative: Plan For Domination Or Strategy For Crisis? (Rappler) Is China Engaging In Debt Trap Diplomacy? (Besa Center) Time To Bring BRI Under Global Regulation (Wio News) Despite Trade Deal, It’s Winter For The[…..]
China’s Belt And Road Initiative has been a great success with many countries and territories – some 152 nations, including many in Europe, Central and South America, Africa, and especially South and South-East Asia have all signed off MoU.