By Chris Devonshire-Ellis The EU has launched its ‘alternative’ to China’s Belt and Road for the EU, with EU Commision President Ursula von der Leyen stating “We want to create links and not dependencies” while clarifying this by stating “It does not make sense for Europe to build roads between a Chinese owned copper mine[…..]
By Chris Devonshire-Ellis The US President Joe Biden and British Prime Minister Boris Johnson have been meeting at the White House and discussing, amongst bilateral trade topics, items of international interest. Top of that list has been discussions on developing an approach to China and Russia based on what the two described as ”Common Values”[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion What Attracts Companies In Expanding Business In BRI Countries? (CGTN) BRI Countries Exports To China Surge As Global Producer Prices Boom (Silk Road Briefing) Regional New EU-China Comprehensive Trade Agreement Terms (China Briefing) EU Introduces Global Gateway Program To Counter China’s Belt And Road Initiative (Arirang) EU Launches[…..]
By Bob Savic, Senior Consultant with Dezan Shira & Associates The blow out in global commodity and intermediate goods prices, since the beginning of 2021, has seen producer price inflation (PPI) approach crisis levels across the world’s economies. In some countries, PPI growth has even matched that of the 1970s’ first oil shock. In response,[…..]
By Chris Devonshire-Ellis Brazil, Russia, India, China and South African Leaders meet in annual conference: new counter-terrorism and vaccine capabilities determined The BRICS Summit is a conference on international relations in which the Heads of Government of the five member states, which include Brazil, India, Russia, China, and South Africa, participate. India hosted this year’s[…..]
Economic Empowerment Fund to develop rural infrastructure The Saudi Arabia based Islamic Development Bank (IDB) has launched a US$100m investment fund for Uzbekistan which it said will create 100,000 jobs and increase its Uzbek investments to S$2.4 billion. The new fund was announced at the IDB’s AGM in Tashkent, which was attended by Uzbek President[…..]
By Chris Devonshire-Ellis & Henry Tillman Beijing’s Alibaba Tech Moves Are Strategic As The West Sweats Its China Ecommerce Supply Chains While Western analysts get steamed up about what they perceive as Chinese State interference in China’s tech companies such as Alibaba, the reality is that the Chinese government are repositioning its trading giants to[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion The Dividends Of China’s 21st Century Maritime Silk Road (Epoch Times) BRICS, RCEP And BRI All Part Of The China-Russia Trade Hemisphere (Russia Briefing) President Putin’s Speech At The Far Eastern Economic Forum China Is One Step Closer To Becoming A Naval Super Power (Epoch Times) Finance China’s[…..]
By Chris Devonshire-Ellis Russian Built Pakistan Stream Gas Pipeline To Finally Go Ahead Construction works on the Pakistan Stream gas pipeline project are expected to begin after several rounds of consultations, Pakistani Ambassador to Russia Shafqat Ali Khan has said in an interview in Russian media.
The first shipment of goods using a new maritime-road-rail transportation corridor has arrived at China’s Chengdu International Railway Port following the completion of the Chengdu-Lincang railway line. The new route from the China-Myanmar border gives China better connectivity to the Indian Ocean and opens the huge Sichuan Provincial markets to India and Southeast Asia. Sichuan[…..]