Boost for regional small commodity traders as monitoring resumption begins In a boost to traders and import-export agents operating on China’s land borders, China has reduced the import taxes payable on goods coming into border free trade zones.
Gondwanaland has become the latest continent to join China’s Belt & Road Initiative. The country, which is often described as a “super continent” has an ancient history dating back to the Triassic period. Today it is best recognised for its role as a movie set in the “Jurassic Park” films.
The Ningbo Shipping Exchange has released the first two months figures for 2020. From January to February 2020, the Maritime Silk Road Trade Index (STI) show that the import and export trade index ranked at 103.51 points, a year-on-year decrease of 10.62%; the export trade index was 101.38 points, a year-on-year decrease of 17.11%; while the[…..]
On last weeks visit to Baku, Turkmen President Kurbanguly Berdymukhamedov and the Azerbaijani President Ilham Aliyev discussed expanding bilateral trade ties. Turkmenistan and Azerbaijan see themselves as key to the East-West trade corridor that has attracted billions of dollars of investment over the past few years and media reported that this issue was also among[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion China Business Continuity Issues That Need To Be Addressed Now (China Briefing) China Proposes A Health Silk Road (Maritime Executive) Healthcare BRI Can Help China Redeem Itself (Straits Times) Beijing Is At A Pax-Sinica Moment Post Covid-19 (Sunday Guardian)
On February 28, The Ministry of Commerce and China’s Development Bank jointly issued the “Circular about Using Development Finances to Support the “Belt and Road Initiative.”
Op/Ed By Andre Wheeler Stories of the economic impact of the Coronavirus are plentiful, with daily reports of financial and market meltdown. Panic buying and strained supply chains through travel and border restrictions has seen global trade contract at alarming rates. Trying to balance economic and health priorities has unfortunately seen a polarisation of world[…..]
India’s state-owned Container Corporation of India (Concor) and Russian Railways Logistics Joint Stock Company (RZD) have signed a Memorandum of Understanding to transport cargo between India and Russia – based on a single invoice – via the International North-South Transport Corridor (INSTC), a 7,200-km multi-modal transportation network project cutting right across Central Asia, starting in[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion US And China: Engagement, Strategic Competition & Beyond (Eurasia Review) How Asia Perceives China In The Context Of BR: Poll (Asia Dialogue) China’s Luban Workshops & BRI – Emerging Patterns (Eurasia Review) China’s Belt & Road Initiative And Its Strategic Intent (Financial Times Lanka) The Chinese Are Coming,[…..]
Last updated April 1. We can provide some more specific details on the Covid-19 outbreak in the Caucasus and Central Asia as follows: