Kazakhstan and Uzbekistan have stated they are to jointly develop a border trading centre, aimed at easing immigration, customs and warehousing volumes at the border crossing between Shymkent on the Kazak side and Tashkent on the Uzbek side. These are the regions most populous countries, however poor relations until recently have hindered trade for decades.[…..]
The BRICS grouping of countries, Brazil, Russia, India, China and South Africa are creating a single payment system, BRICS Pay, as part of the drive to establish a common system for retail payments and transactions between the member countries.
Compiled By Chris Devonshire-Ellis Analysis & Opinion Asian Nations Cash In On China’s Softer Sell Of Belt & Road (Asia Nikkei) What’s In China’s New Belt & Road Recalibration? (The Diplomat) International Experts Positively Evaluate Results Of Belt & Road Forum In Beijing (Eurasia Review) Facts And Figures From China’s Belt & Road Initiative (China[…..]
Op/Ed by Chris Devonshire-Ellis In a sign of one of the future directions that China Belt & Road trade can be expected to move in coming years, bilateral trade between China and Pakistan has increased to US$20 billion. What is interesting about this increase is the currency spread used; both sides agreed in November last[…..]
The newly reformed and open approach by Uzbekistan to foreign investment has taken another step forward with Uzbek President Shavkat Mirziyoyev signing a decree worth US$1.66 billion and covering 15 projects to foreign investors under public-private partnership (PPP) deals.
Silk Road Briefing, published by the Asian investing professional services firm Dezan Shira & Associates, is sponsoring an expedition to discover the source of the Oxus River in Afghanistan, one of the countries along the ancient Silk Road routes.
Op/Ed By Chris Devonshire-Ellis The annual China report to the US Congress, titled “Military and Security Developments Involving the People’s Republic of China 2019”, has just been released by the US Department of Defense. The first item on the report, indeed on the front cover, is a curious note stating that “Preparation of this report[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion What Did The Second Belt & Road Forum Say About The Health Of China’s Initiative? (The Diplomat) China Needs To Make The Belt & Road Initiative More Transparent And Predictable (Chatham House) Charting Progress In China’s Belt & Road Initiative (Reconnecting Asia) China And BRI, CPEC Narratives (Eurasia[…..]
Op/Ed by Chris Devonshire-Ellis Russia’s President Putin has suggested linking Russia’s Northern Sea Passage to China’s Maritime Belt & Road. The proposal, which was made at the 2nd Belt & Road Forum in Beijing last week, will reduce the shipping time and costs for Chinese goods to reach Europe by some two weeks, a huge[…..]
Chinese statements of intent can be misinterpreted by the West. Op/Ed by Chris Devonshire-Ellis China’s President Xi Jinping made a number of interesting statements in his speech at the 2nd Belt & Road Forum in Beijing, which concluded on Saturday. As is usual for Chinese politicians, a lot of what was said was covered with[…..]