Op/Ed by Chris Devonshire-Ellis BRICS To Open Up To Free Trade Via The EAEU? The BRICS grouping of nations – Brazil, Russia, India, China, and South Africa, have been holding their Ministerial summit in Brazil this week as they look at developing the groups connectivity. The BRICS countries are expected to produce 50% of global GDP[…..]
Russia will Chair the BRICS group from 1st January next year, taking over the role from Brazil. Russia will continue to expand strategic partnership of the organization’s states, working on strengthening foreign policy coordination on various multilateral platforms, namely within the UN, Russian Foreign Minister Sergey Lavrov wrote in the article titled “BRICS Strategic Partnership[…..]
Chinese President Xi Jinping is currently on a 3 day State visit to Greece, and has been agreeing multiple deals with Athens. Greece, like nearby Italy, is a signatory to China’s Belt & Road Initiative, with Xi syaing that “China and Greece are natural partners” in the scheme.
Op/Ed by Andre Wheeler There has been increasing tensions between China and Italy around progressing the recently agreed BRI MOU. Chinese officials have expressed increasing frustration as Italy tries to balance its G7 commitments to Europe with the expectations around infrastructure development needs of their stalling economy. Central to these tensions is the differing port[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion Belt & Road Initiative: Why China Pursues It (Eurasia Review) Securing Cheap Labor Resources Along The Belt & Road (Silk Road Briefing) A Blue Dot Barely Visible From New Silk Roads (Asia Times) The Chinese Approach (Dredging & Ports) Beijing’s Belt & Road Is A Two-Way Street (MEED)[…..]
Op/Ed By Chris Devonshire-Ellis Low Wage Demographics Are Driving Chinese FDI Along The Belt & Road One of the less understood aspects of China’s Belt & Road Initiative is China’s need to secure cheap labor resources to boost both its domestic economy as well as provide Chinese manufactured, overseas produced export products.
Op/Ed by Chris Devonshire-Ellis Central Asia Allure Starts To Appeal To Investors After Years Of Neglect The French retailer Carrefour will open its first stores in Uzbekistan next year, an important marker of just how far the Uzbek economy has come in recent years. The retailer is partnering with Dubai-based Majid Al Futtaim, which owns shopping malls[…..]
Op/Ed by Chris Devonshire-Ellis Pan-Africa Free Trade And Industrial Parks Herald A New Era For Africa Manufacturing Capacity Speaking on the influential “Rethinking The Dollar” program last week, one of the final questions was about Africa – how did I feel it would compete in global supply chains and become part of China’s Belt &[…..]
Op/Ed by Chris Devonshire-Ellis RCEP 15 Deal Expected To Be Signed Next Month India has pulled out of the long-negotiated Regional Comprehensive Economic Partnership, a proposed free trade deal that has long been championed by China. The United States had also agreed to sign off but pulled out when President Trump took office. The agreement[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion Belt & Road Initiative: Why China Pursues It (Eurasia Review) China Adjusts To The New World Order (The Asset) The Belt & Road Initiative Ad X Jinping’s Foreign And Domestic Policy Agenda (Asia Dialogue) China May Be More Assertive But Is It Ready To Lead? (Eurasia Review) BRI[…..]