Asia Now Has Most Wealthy & Most Wealth (Global Finance) China-Europe Rail Freight Continues To Soar (International Railway Journal) Yiwu Sends First Train To Prague (Belt Road Forum) China Merchants To Buy Brazils Second Largest Container Port (South China Morning Post) Russia, Iran Poised To Forge New Railroad Corridor Between Europe & Asia (Sputnik) China’s[…..]
The article discusses why the BRICS countries might consider creating the organization’s own cryptocurrency as an alternative to other payment systems.
The 2017 BRICS Summit, held at Xiamen in China, saw the participation of five other nations – Egypt, Guinea, Mexico, Tajikistan, and Thailand. This article discusses the reason why their inclusion is important to the BRICS nations.
The article discusses the Russia-Mongolia-China economic corridor, which is slated to be open for international road transport next year.
China’s President Xi Jinping and Indian Prime Minister Narendra Modi have met at the BRICS summit in Xiamen and agreed to “get relations on the right track”, following the recent stand off of their armies at Doklam, close to the Nathu La pass near Bhutan. The BRICS grouping, along with the Shanghai Co-Operation Organisation of[…..]
The BRICS member states – Brazil, Russia, India, China, and South Africa – discuss Russia’s idea to set up a credit rating agency run by the bloc. What does this mean?
The Indian Prime Minister, Narendra Modi has proposed the establishment of an “Asia Africa Growth Corridor” (AAGC) at the annual meeting of the African Development Bank, a proposal that has won strong support from Japan. This is considered to be a response to China’s OBOR initiative.
Belt & Road Is Main Global Growth Engine Over Next Decade (ie Singapore) China & Russia Have Best Developers In The World (East-West Digital News) Japan To Counteract China In Kazakhstan With New Asia-Europe Rail Deal (Forbes) China, Tajikistan Agree To Forge Comprehensive Strategic Partnership (Belt Road Portal) India Starts Free Trade Negotiations With Eurasian[…..]
One of several recently formed infrastructure development banks, the New Development Bank (NDB) of the BRICS emerging economies, will approve a batch of investment projects worth up to US$3 billion by the end of this year. The BRICS nations will be meeting in Xiamen, China, from September 3rd to 5th.
While China has been getting involved with organizing and financing numerous OBOR projects, a little-noticed revolution has also been getting underway within the OBORsphere that could hugely impact China’s future import and export figures.