Op/Ed By Chris Devonshire-Ellis The Presidents and Prime Ministers of Brazil, China, India, Russia and South Africa have just returned from the annual BRICS summit, held this year in Brasilia. At the close of the event, the five leaders jointly issued a declaration of intent, part of the content which I covered in the article[…..]
The New Development Bank has been called upon to make greater contributions to the economic and social development of the BRICS countries, as well as emerging market economies and developing world in general.
Op/Ed by Chris Devonshire-Ellis A US/Australian/Japanese Global Infrastructure Projects Rating Agency Is Born The United States last week, along with Japan and Australia, unveiled what they have termed the “Blue Dot” network, and have officially described it as “promoting global, multi-stakeholder sustainable infrastructure development in the Indo-Pacific region and around the world.” But what is[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion China’s New Concept Of Global Governance And Action Plan For International Cooperation (CIGI) China’s Involvement In Worldwide Infrastructure Includes Details Of Project Pipelines In Key Regions (Global Newswire) China’s Quest For Stability (Eurasia Review) The Case For Multilateralism Through Private Sector Investment (EBRD) China Signs 197 B&R Cooperation[…..]
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.