TRADE & INVESTMENT Investing In China’s Free Trade Zones (China Briefing) Citigroup Targets Belt & Road To Boost China Revenue (Reuters) Railways Play Key Role In China-Europe Trade (Belt Road Forum) Belt & Road Foreign Investors Seek Greater Clarity (Finance Asia)
Moody’s Investors Service has issued a report stating that China’s Belt and Road Initiative (BRI) will benefit its own economy, but will also pose challenges in how risk will be allocated between participating Chinese entities and other sovereign nations.
The latest in global Belt & Road analysis, finance, and infrastructure developments from this week.
India, Russia aim to create a maritime route connecting India with North East Asia and the Western Pacific. Another route extends from Mumbai through Iran’s Chabahar Port to European Russia.
The article reports on how Iran and Russia are cooperating with each other in developing rail and logistics infrastructure in the region.
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[…..]