The New Development Bank, commonly referred to as the “BRICS Bank” as it is co-owned equally by the 5 BRICS nations of Brazil, Russia, India, China and South Africa, is to scale back its use of the US dollar and concentrate instead of loans designated in national currencies, it has been reported in the Financial[…..]
Op/Ed by Chris Devonshire-Ellis Gold Buying Spree Demonstrates China and Russia Have Already Worked Out How To Hedge Against The US The United States has formally accused China of being “a currency manipulator” in the latest development in the Tariff war between the two countries, in a move that will enrage Beijing, with the United[…..]
Op/Ed by Jeff Schubert China’s attitude to Russia has fluctuated in an important way over the last few years. While Russia has consistently wanted a formal relationship between the Eurasian Economic Union (EAEU) and the Belt and Road Initiative (BRI) as the main plank in a Greater Eurasian partnership, China’s initial preference was to distance[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion Development Of Smart Cities Among Opportunities In Belt & Road Survey (Straits Times) China Belt & Road Energy Investments Grow 1,370% Since 2014 (Power-Technology) Chinese Investment In Renewables Soars Under Belt & Road Initiative (PV Magazine) What’s Happening With China’s Belt & Road? (Reconnecting Asia) China’s New Silk[…..]
Op/Ed by Chris Devonshire-Ellis Profits, Income Tax & VAT Across China’s Belt & Road In Central Asia As we have seen over the past few weeks, China is opening up the Belt & Road Initiative to Foreign Investors. It has done this by changing its foreign investment law, and including in this the ability, for[…..]
Op/Ed by Chris Devonshire-Ellis China Is Taking Over A Long Term British Asset That London Has Been Ignoring   With the new British Prime Boris Johnson in play in the United Kingdom, signs are that London will be playing hardball with the EU over Brexit. He has refused to meet any EU leaders until they[…..]
Op/Ed by Chris Devonshire-Ellis Many years ago I attended a private audience with then Chinese Premier Zhu Rongji. He and the Chinese President, Jiang Zemin, had been largely responsible for forging an exciting atmosphere of can-do achievement in China, both in terms of opening up the country to foreign investment, as well as embarking on[…..]
Op/Ed By Andre Wheeler Tracking the effect of global warming on Chinese and Global Shipping is not an exact science The recent IPCC report warning of a catastrophic climate change caused by mankind essentially predicts a global warming average of 1.5 °C. It has lead to headlines by both global media and several highly regarded[…..]
Op/Ed by Chris Devonshire-Ellis Li Chau, China’s Ambassador to Estonia, has written an extraordinary, signed letter to the Estonian newspaper Postimees in which he uses the opportunity to both praise China’s relations with the small Baltic state, but also takes up half the text attacking an unnamed United States over Huawei. The letter links the[…..]
The international law firm Dentons has established a legal service center for companies doing business with Belt and Road Initiative (BRI) countries in Urumqi, the capital of China’s Xinjiang Province. The move is being touted as an effort to provide the necessary services for business opportunities presented by the Belt & Road Initiative.