The New Development Bank (NDB), equally owned by the five BRICS nations of Brazil, Russia, India, China and South Africa, has approved four new infrastructure and development projects with loans totaling US$1.4 billion. New investments bring the bank’s portfolio to 42 projects worth US$11.6 billion. The bank was established and funded by the members to[…..]
Op/Ed by Chris Devonshire-Ellis The Sri Lankan capital city, Colombo, has opened South-East Asia’s tallest free standing tower. Costing over US$100 million, the 350 metre, 17 storey Lotus Tower towers over the city, and includes the national TV transmission network The tower has four entrances, with two being used as VIP (distinguished guests and state[…..]
Op/Ed by Chris Devonshire-Ellis US Farmers May Not Get The China Market Back Again The Kazakh President, Kassym-Jomart Tokayev was in Beijing for talks with Chinese leader Xi Jinping last week, at which the two leaders pledged to strengthen relations further towards what was, possibly euphemistically, described as a “permanent comprehensive strategic partnership”. After their[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion What Does John Bolton’s Departure As US National Security Advisor Mean For China, Russia, North Korea & Iran? (China Briefing) The Conundrum At The Heart Of China’s Belt & Road Initiative (Fortune) Is It Now Russian & Chinese State Policy To Push US Exports Out Of Asia? (Russia[…..]
China and Russia are discussing the possibility of putting into place a gas pipeline from Russia’s Yamal LNG plant in the Arctic, transiting Russia to Irkutsk and heading south through Mongolia en route to China. Additional supply lines are needed to feed China’s need for energy. China’s market is the worlds fastest growing, with Russian[…..]
Op/Ed by Chris Devonshire-Ellis Mongolia is a landlocked, huge country lying between China and Russia. About the size of Western Europe, it has a population of about 3 million, of whom about 50% are subsistence, nomadic herders and farmers. The terrain includes oceans of grass steppes, high altitude mountains, forests, and a large chunk of[…..]
North China, Japan and Korea All Rely On Vladivostok For Eurasian Trade Chris Devonshire-Ellis at the Far Eastern Federal University, Vladivostok Op/Ed by Chris Devonshire-Ellis The Russian President, Vladimir Putin gave an extensive speech at the Plenary session of the Far Eastern Economic Forum in Vladivostok last week as he outlined plans to develop the[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion China Belt & Road Initiative’s Conundrum: Economic Growth Vs. Sustainability (Fortune) China’s Accidental Belt & Road Turns Six (Foreign Policy) Belt & Road Needs Its Own Asset Class (Caixin) China’s One Belt One Road – Forecast To 2030 – Emergence Of Lucrative Trade Corridors (Research & Markets) Belt[…..]
Vladivostok Moving Towards Asia As Demand Increases And FTA Start to Kick In Multilateral Trade Op/Ed by Chris Devonshire-Ellis The Far Eastern Economic Forum has just concluded in Vladivostok, with Russian President Vladimir Putin hosting guests Narendra Modi, the Prime Minister of India, Shinzo Abe, the Prime Minister of Japan, Battulga Khaltmaa, the President of[…..]
Op/Ed by Chris Devonshire-Ellis Singapore is scheduled to sign a Free Trade Agreement with the Eurasian Economic Union (EAEU) on October 25th, according to Veronika Nikishina, Minister in Charge of Trade of the EAEU at the Far Eastern Economic Forum yesterday afternoon. Speaking at the session “Russia & The EAEU in the Asia Pacific” Nikishina[…..]