China’s State Administration of Tax (SAT) have issued 59 tax guidelines for Chinese companies wishing to trade along the OBOR routes to cover the main overseas investment destinations of Chinese companies along the overland and maritime routes. The SAT said it will continue to update the guidelines and expand coverage of the series. The guidelines are aimed to familiarize Chinese investors[…..]
Trade in goods and services between China and the various countries making up the One Belt, One Road has increased by 26.2% in the first quarter of 2017 to USD240 billion, according to the Chinese Ministry of Commerce. Sun Jiwen, a spokesman for MOFCOM, said that China’s exports to 60 identified OBOR nations from the[…..]
OBOR Interview With Chinese State Councilor Yang Jiechi (BeltRoadForum) Chinese Insurers To Serve Projects Along BR Initiative (OBOR Portal) Thailand’s Eastern Economic Corridor (ASEAN Briefing) Air Asia’s India Passenger Traffic Up 57% (Times of India) Linking Afghanistan To China’s Belt & Road (The Diplomat) What’s Really Driving Saudi Arabia’s Outreach to China (World Politics Review) Chinese OBOR Investment Under Kazak[…..]
The Asian Infrastructure Investment Bank (AIIB), the China led, USD100 billion capitalized project financing institution, has called for it to become a platform for cooperation between China and the United States, the banks President, Jin Liqun said on Monday. The US has not become an investor in the AIIB, and has been reluctant to accept it as a global[…..]
Official Belt and Road Forum for International Cooperation Comes Online (BeltRoadForum) Eurasian Economic Union Trade Up 38% (Russia Briefing) AIIB Should Be Platform For China-US Co-Operation (Xinhua) How The UK Can Benefit From China’s OBOR Ambitions (China Briefing) Seven Countries To Deepen Co-Operation On China-Europe Freight Services (OBOR Portal) Fourth Spanish Built High-Speed Train Arrives[…..]
China’s Rail services in terms of operating freight containers through from China have been expanding throughout Europe, with some 15 cities now connected directly to China. These include main European Rail Terminals such as Moscow (Russia) Brest (Belarus) Warsaw (Poland) Duisburg (Germany) Antwerp (Belgium) Rotterdam (Netherlands) Calais (France) London (England) Hamburg (Germany) Hendaye (France) Milan[…..]
Iran has again expressed keen interest in developing a trade corridor between the Persian Gulf and the Black Sea. In this article, we talk about some of the leading geopolitical actors involved, including China, Pakistan, Bulgaria, and Turkey.
Our Weekly Round Up Of Infrastructure Development News across the Silk Road Routes Silk Road Bonds – The Next Big Thing? (Global Finance) Is Russia’s Asia Outreach Bearing Fruit (Asia Maritime) UK Eyes Opportunities in Belt & Road Construction (OBOR Portal)
The BRICS New Development Bank President Kundapur Vaman Kamath said late last week that the bank is considering raising funds through issuing Ruble denominated bonds. Kamath stated “We are looking with great interest at the local Russian currency. Last year, our team held negotiations in Russia with financial regulators. We discussed the possibilities of raising[…..]
China’s OBOR initiative has taken the limelight, but expanding and developing the Silk Road is not purely a Chinese play. India had sixteen key Silk Road trading sites in ancient times, more than any other country excepting China, and is currently developing its own Silk Road ambitions.