A visit to preserve China’s interests in Europe
7 months ago

A visit to preserve China’s interests in Europe

The Hindu  

The Chinese President Xi Jinping’s first trip to Europe in five years, earlier this month, was carefully constructed as evidenced by his ports of call — France, Serbia and Hungary. Mr. Xi had three goals — to prevent the EU from getting too close to the U.S., to avert a trade standoff with EU and to bolster China’s standing in Europe. In Paris, Mr. Xi also met with the European Commission President Ursula von der Leyen who has advocated a policy of “de-risking” from China by reducing dependence on Chinese imports and technology. Between eastern and western Europe China had sought to develop ties with eastern European countries through the so-called 17+1 China and Eastern Europe community to serve as a gateway for markets in rich western Europe.

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History of this topic

Chinadaily.com.cn
4 days, 13 hours ago

Chinadaily.com.cn

China Daily  

For the Central and Eastern European countries, clear priorities are needed to balance their relations with China and the United States Editor's note: The world has undergone many changes and shocks in recent years. Trump's proposed policies, however, risk introducing new tensions into these relationships, particularly as Washington pressures its NATO allies and the European Union member states to reevaluate …

BRI greatly boosts economic potential of involved countries
1 week, 4 days ago

BRI greatly boosts economic potential of involved countries

China Daily  

MOSCOW — Countries participating in the China-proposed Belt and Road Initiative have the opportunity to increase their economic potential significantly, Andrei Ostrovsky, chief researcher of the Institute of Oriental Studies of the Russian Academy of Sciences, said. To implement the initiative, China has promoted the establishment of financial institutions such as the Asian Infrastructure Investment Bank and the Silk Road …

Chinese overcapacity is crushing the global steel industry
1 month ago

Chinese overcapacity is crushing the global steel industry

Live Mint  

Each year China makes as much steel as the rest of the world combined. Last month Nippon Steel, Japan’s biggest steelmaker, called on the government to impose anti-dumping duties on Chinese imports. View Full Image The rich world has experienced surges in Chinese steel exports before, including in 2008 and 2015. Even in America, where hefty tariffs already keep out …

China prepares to enhance ties with central Asia
1 month, 2 weeks ago

China prepares to enhance ties with central Asia

China Daily  

China pledged on Monday to enhance ties with Kazakhstan and Uzbekistan and strengthen communication, cooperation and coordination with the two Central Asian countries within the multilateral framework including the United Nations, the Shanghai Cooperation Organization and the China-Central Asia mechanism. While meeting with Bektenov, Li expressed China's willingness to work with Kazakhstan to deepen political mutual trust, firmly support each …

China's Xi calls for cooperation with Italy, evoking ancient 'Silk Road'
4 months, 3 weeks ago

China's Xi calls for cooperation with Italy, evoking ancient 'Silk Road'

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Meloni pulled Italy out of …

China-Europe rail service delivers strong improvement
5 months, 2 weeks ago

China-Europe rail service delivers strong improvement

China Daily  

A China-Europe freight train departs from Tianjin, July 1, 2024. As of Wednesday, China has operated over 10,000 freight trains to Europe this year, 19 days ahead of last year's schedule, according to the service regulator and operator China State Railway Group on Wednesday. The China-Europe rail service has been a vital link in facilitating trade and connectivity between China …

'A just cause finds great support': Xi Jinping and the Shanghai Cooperation Organization
5 months, 3 weeks ago

'A just cause finds great support': Xi Jinping and the Shanghai Cooperation Organization

China Daily  

MODERN SILK ROAD The SCO is naturally connected to Xi's signature proposal, the Belt and Road Initiative. Over the decade, Xi has used the BRI as a key driver to promote China's practical cooperation with the SCO countries and to accelerate development. Earlier this month via video link, Xi, along with Kyrgyz President Sadyr Japarov and Uzbek President Shavkat Mirziyoyev, …

New railway will turn Central Asia into a major Eurasian hub
6 months ago

New railway will turn Central Asia into a major Eurasian hub

China Daily  

WANG XIAOYING/CHINA DAILY A trilateral intergovernmental agreement on the China-Kyrgyzstan-Uzbekistan railway project was signed at a ceremony in Beijing on June 6. Currently, China-Europe freight trains connect 223 cities in 25 European countries and over 100 cities in 11 Asian countries, creating a service network spanning almost the entire Eurasian continent. The rapidly growing rail traffic volume shows that developing …

New railway will turn Central Asia into a major Eurasian hub
6 months ago

New railway will turn Central Asia into a major Eurasian hub

China Daily  

WANG XIAOYING/CHINA DAILY A trilateral intergovernmental agreement on the China-Kyrgyzstan-Uzbekistan railway project was signed at a ceremony in Beijing on June 6. Currently, China-Europe freight trains connect 223 cities in 25 European countries and over 100 cities in 11 Asian countries, creating a service network spanning almost the entire Eurasian continent. The rapidly growing rail traffic volume shows that developing …

Visit to shape direction of China-Europe future
7 months, 1 week ago

Visit to shape direction of China-Europe future

China Daily  

LI MIN/CHINA DAILY President Xi Jinping's just-concluded visit to Europe could not have been more timely — it came at a pivotal moment and underscored the profound significance of China-Europe relations amid global uncertainties. His first overseas visit in 2024 and third state visit to France not only emphasized the strategic importance of China's relations with Europe, the European Union …

Xi’s European tour exposed the EU’s persisting divisions
7 months, 1 week ago

Xi’s European tour exposed the EU’s persisting divisions

Al Jazeera  

Hungary opposes a tougher EU stance on China, but it is not the only one. As the rest of the European Union was marking “Europe Day”, honouring the 1950 Schuman Declaration kick-starting the European integration project, Orban praised Xi’s China as “one of the pillars of the new world order”. “We must behave respectfully towards China in terms of trade,” …

Beijing's ties with CEE countries benefit the whole of Europe
7 months, 2 weeks ago

Beijing's ties with CEE countries benefit the whole of Europe

China Daily  

SHI YU/CHINA DAILY The European Union's perception of China has undergone a significant shift in recent years. First, compared with their Western European counterparts, CEE countries, especially Hungary and Serbia, have a more welcoming attitude toward foreign investors and investments. Although market entities in China and the EU have been engaging in cooperation despite the ideological differences between the two …

Beijing's ties with CEE countries benefit the whole of Europe
7 months, 2 weeks ago

Beijing's ties with CEE countries benefit the whole of Europe

China Daily  

SHI YU/CHINA DAILY The European Union's perception of China has undergone a significant shift in recent years. First, compared with their Western European counterparts, CEE countries, especially Hungary and Serbia, have a more welcoming attitude toward foreign investors and investments. Although market entities in China and the EU have been engaging in cooperation despite the ideological differences between the two …

China’s Xi arrives in Hungary for talks on expanding Chinese investments
7 months, 2 weeks ago

China’s Xi arrives in Hungary for talks on expanding Chinese investments

Associated Press  

BUDAPEST, Hungary — Chinese President Xi Jinping arrived in Hungary late Wednesday, the final stop on his five-day European tour, where he’s expected to finalize a number of agreements with Prime Minister Viktor Orbán that will deepen China’s economic footprint in the region. Hungary’s foreign minister, Péter Szijjártó, told a news conference on Monday that Xi and Hungarian officials would …

Xi charts path for landmark trade corridor
7 months, 3 weeks ago

Xi charts path for landmark trade corridor

China Daily  

By Xu Wei in Beijing, Tan Yingzi in Chongqing and Shi Ruipeng in Nanning | | Updated : 2024-04-29 President Xi Jinping has spelled out a new vision for the opening-up of China's western region, with the New International Land-Sea Trade Corridor expected to continue spearheading efforts to boost trade and logistics links between the region and global markets. Xi …

Reconsidering Eurasia connectivity and trade
7 months, 3 weeks ago

Reconsidering Eurasia connectivity and trade

China Daily  

WANG XIAOYING/CHINA DAILY The recent conflict between Israel and Iran has not only escalated tensions in the Middle East but also emerged as a severe and imminent threat to the global order, including maritime shipping. According to statistics released by the China State Railway Group, freight traffic on the China-Europe route reached 17,523 trips in 2023, carrying 1.902 million twenty-foot …

Reconsidering Eurasia connectivity and trade
7 months, 3 weeks ago

Reconsidering Eurasia connectivity and trade

China Daily  

WANG XIAOYING/CHINA DAILY The recent conflict between Israel and Iran has not only escalated tensions in the Middle East but also emerged as a severe and imminent threat to the global order, including maritime shipping. According to statistics released by the China State Railway Group, freight traffic on the China-Europe route reached 17,523 trips in 2023, carrying 1.902 million twenty-foot …

Belt and Road cooperation: A smart 'de-risking' option for Europe
9 months, 1 week ago

Belt and Road cooperation: A smart 'de-risking' option for Europe

China Daily  

Global trade is increasingly vulnerable to changes in the geopolitical environment. "Steel Camel Fleet": a flagship project amid the crisis Despite the complex and turbulent geopolitical situation, especially since the outbreak of the Red Sea crisis, the China-Europe Railway Express, a flagship project of China-EU Belt and Road cooperation, has stood out as a land-based alternative that provides rapid, stable, …

China's new development, world's new opportunities
9 months, 1 week ago

China's new development, world's new opportunities

China Daily  

The freight train carrying the first batch of solar modules for China Energy Engineering Corp's 1-gigawatt projects in Uzbekistan, departs from Xi'an, Shaanxi province, on Aug 3, 2023. Over the past decade, the Belt and Road Initiative had become an important international public good, opening up a development path leading to common prosperity for all partner countries. In 2023, the …

China's new development, world's new opportunities
9 months, 1 week ago

China's new development, world's new opportunities

China Daily  

The freight train carrying the first batch of solar modules for China Energy Engineering Corp's 1-gigawatt projects in Uzbekistan, departs from Xi'an, Shaanxi province, on Aug 3, 2023. Over the past decade, the Belt and Road Initiative had become an important international public good, opening up a development path leading to common prosperity for all partner countries. In 2023, the …

Belt and Road ushers in tremendous development for partner economies
1 year ago

Belt and Road ushers in tremendous development for partner economies

China Daily  

Visitors check out beverages at the exhibition booth of Azerbaijan during the seventh Silk Road International Exposition in Xi'an, Shaanxi province, on Nov 16. Now a sought-after fruit in Xi'an, capital of Northwest China's Shaanxi province, pomegranate-made products from Azerbaijan, one of the main producers of the fruit, drew the attention of participants at the seventh Silk Road International Exposition …

Spirit of the Silk Road lives on in Xi'an
1 year ago

Spirit of the Silk Road lives on in Xi'an

China Daily  

Train No X8489, a China-Europe freight train, leaves for Russia from Xi'an Guojigang Railway Station in Xi'an on March 23. "The China-Europe Railway Express provides a new choice for international logistics in inland countries in Central Asia," said Yuan Xiaojun, general manager of the Xi'an Free Trade Port Construction and Operation Co. The cost of using the China-Europe freight trains …

China warns against ‘undermining’ Belt and Road plan after Italy withdraws
1 year ago

China warns against ‘undermining’ Belt and Road plan after Italy withdraws

Al Jazeera  

Italy, the only major Western power to have joined China’s global infrastructure initiative, is exiting in 2024. Without addressing Italy directly, China’s Ministry of Foreign Affairs issued a statement on Thursday opposing the “smearing and undermining of cooperation on the joint construction of the Belt and Road”. Foreign policy pillar BRI proposes massive investments in infrastructure such as roads, bridges …

Italy withdraws from China’s Belt and Road Initiative, reports say
1 year ago

Italy withdraws from China’s Belt and Road Initiative, reports say

Al Jazeera  

Italy PM Giorgia Meloni opposed participating in plan viewed by many as Beijing’s attempt to buy political influence. Italy has withdrawn from China’s Belt and Road Initiative, more than four years after becoming the only Group of Seven nation to sign up. After months of uncertainty regarding Italy’s involvement in the ambitious project, Rome conveyed its decision in a recent …

BRI brings concrete developments for Kazakhstan
1 year, 2 months ago

BRI brings concrete developments for Kazakhstan

China Daily  

SHI YU/CHINA DAILY Chinese President Xi Jinping proposed the Silk Road Economic Belt during his visit to Kazakhstan in 2013. Now more than 150 countries and 30 international organizations have signed more than 230 cooperation agreements with China under the Belt and Road framework, reflecting the global popularity of the initiative. Last year, the leaders of Kazakhstan and China vowed …

BRI brings concrete developments for Kazakhstan
1 year, 2 months ago

BRI brings concrete developments for Kazakhstan

China Daily  

SHI YU/CHINA DAILY Chinese President Xi Jinping proposed the Silk Road Economic Belt during his visit to Kazakhstan in 2013. Now more than 150 countries and 30 international organizations have signed more than 230 cooperation agreements with China under the Belt and Road framework, reflecting the global popularity of the initiative. Last year, the leaders of Kazakhstan and China vowed …

The BRI at 10, some hits, many misses
1 year, 2 months ago

The BRI at 10, some hits, many misses

The Hindu  

The Third Belt and Road Forum for International Cooperation that was convened in Beijing, China has put the spotlight back on Chinese President Xi Jinping’s signature initiative. Academic Xue Li likened the BRI to China’s Marshall Plan, stating that it was a gateway for China to transition from a regional power with global influence to a global power with comprehensive …

China’s Xi promises open markets and billions in new investments for ‘Belt and Road’ projects
1 year, 2 months ago

China’s Xi promises open markets and billions in new investments for ‘Belt and Road’ projects

Associated Press  

BEIJING — Chinese President Xi Jinping promised foreign companies greater access to China’s huge market and more than $100 billion in new financing for other developing economies as he opened a forum Wednesday on his signature Belt and Road infrastructure initiative. Reiterating Chinese complaints that such moves are meant to limit China’s growth, Xi said that “viewing others’ development as …

China’s Xi warns West against economic ‘decoupling’
1 year, 2 months ago

China’s Xi warns West against economic ‘decoupling’

Al Jazeera  

The Chinese president praised his Belt and Road Initiative at its 10-year anniversary forum, saying it is the ‘right path forward’. Chinese President Xi Jinping has warned Western states against “decoupling” from his country’s economy, insisting amid declining foreign investment that China’s development should be viewed as not a threat but an asset. “We stand against unilateral sanctions, economic coercion, …

How the Belt and Road gives rise to a more inclusive world
1 year, 2 months ago

How the Belt and Road gives rise to a more inclusive world

China Daily  

In the autumn of 2013, China proposed the Belt and Road Initiative, igniting the imaginations of many by rekindling the spirit of the two-millennia-old ancient Silk Road. By June 2023, China had signed more than 200 BRI cooperation agreements with over 150 countries and 30 international organizations across five continents. Looking back over the past decade, the BRI has addressed …

As China's Belt and Road project turns 10, it's about more than just development
1 year, 2 months ago

As China's Belt and Road project turns 10, it's about more than just development

NPR  

As China's Belt and Road project turns 10, it's about more than just development Enlarge this image toggle caption VCG via Getty Images VCG via Getty Images BEIJING — Representatives from dozens of countries are gathering in Beijing this week to mark the 10th anniversary of China's Belt and Road Initiative, a signature foreign policy initiative for China's leader, Xi …

China touts its Belt and Road infrastructure lending as an alternative for international development
1 year, 2 months ago

China touts its Belt and Road infrastructure lending as an alternative for international development

Associated Press  

BEIJING — China is touting its 10-year-old Belt and Road Initiative as an alternative model for economic development, releasing a government report that praises the program while glossing over criticism that it has saddled poor countries with too much debt. “On some level, China has added a World Bank to the developing world, and that is no small feat and …

A Decade Down the Belt and Road
1 year, 3 months ago

A Decade Down the Belt and Road

The Diplomat  

When President Xi Jinping launched the Belt and Road Initiative in September 2013, he signaled the dawn of a new era in how China engaged with the world. At home, the BRI must jockey for position in view of other leadership priorities – namely the launch of the more development-centered Global Development Initiative and China’s slowing domestic economy. The first …

China-Europe freight trains energize connectivity and commerce
1 year, 3 months ago

China-Europe freight trains energize connectivity and commerce

China Daily  

A China-Europe freight train departed from Duisburg of Germany arrives at Xi'an International Port in Xi'an, Northwest China's Shaanxi province, July 10, 2023. As the celebrated ancient Silk Road once spurred flourishing trade and cultural exchange between the East and West, a new "steel Silk Road" has emerged in modern times - the China-Europe freight train network. A decade since …

Is India-Middle East-Europe Corridor Truly A Threat To Chinese BRI?
1 year, 3 months ago

Is India-Middle East-Europe Corridor Truly A Threat To Chinese BRI?

ABP News  

The Middle East is witnessing a paradigm change in their world as old foes are turning into friends, and hitherto unthinkable political alliances are rapidly changing the region's economic equations. Announced on the sidelines of the G20 Leaders' Summit held in New Delhi on September 9-10, the IMEC presents a possible threat to China's 'Belt and Road Initiative', or the …

The path ahead for China’s Belt and Road Initiative
1 year, 3 months ago

The path ahead for China’s Belt and Road Initiative

Hindustan Times  

THERE WAS little hint in the speech that Xi Jinping gave on September 7th 2013 in Kazakhstan that he was thinking of a concrete-pouring binge across the world, spurred by hundreds of billions of dollars in Chinese loans and investment. “It wants to use the BRI to create alternative markets for its goods and alternative links in its supply chains,” …

Italian PM tells Chinese premier that Italy plans to leave the Belt and Road Initiative
1 year, 3 months ago

Italian PM tells Chinese premier that Italy plans to leave the Belt and Road Initiative

Op India  

In a major development during the ongoing G20 Summit in New Delhi, Italy informed China about its intention to leave the Belt and Road Initiative. Italy is the only G7 nation to have entered the Belt and Road Initiative of China, a global trade and infrastructure plan modelled on the old Silk Road that linked imperial China and the West. …

Italy’s Meloni meets with China’s Li as Italy’s continued participation in ‘Belt and Road’ in doubt
1 year, 3 months ago

Italy’s Meloni meets with China’s Li as Italy’s continued participation in ‘Belt and Road’ in doubt

Associated Press  

ROME — Italian Premier Giorgia Meloni met with Chinese Premier Li Qiang on the sidelines of the G20 summit and vowed Saturday to “consolidate and deepen” relations, as Rome considers abandoning Beijing’s “Belt and Road” initiative of Chinese-built and -funded infrastructure projects. Rather, Meloni’s office said the meeting “confirmed the common intention to consolidate and deepen the dialogue between Rome …

China says 90 countries have confirmed attendance for Belt and Road Initiative conference
1 year, 3 months ago

China says 90 countries have confirmed attendance for Belt and Road Initiative conference

The Hindu  

China said on Thursday that 90 countries have confirmed attendance for its Belt and Road Initiative conference being held in October. Russian President Vladimir Putin also has a scheduled visit to China in October when the country hosts the One Belt One Road forum, Putin's aide Yuri Ushakov said recently, according to Russia's state news agency TASS. China's foreign ministry …

China touts the benefits of its ‘Belt and Road’ initiative to Italy, which may end the agreement
1 year, 3 months ago

China touts the benefits of its ‘Belt and Road’ initiative to Italy, which may end the agreement

Associated Press  

BEIJING — China’s foreign minister is seeking to sell his Italian counterpart on the benefits of leader Xi Jinping’s signature “Belt and Road” initiative of Chinese-built and -funded infrastructure projects, as Rome considers whether to renew the agreement. China’s official Xinhua News Agency quoted Wang as telling Tajani that “China and Italy should adhere to the right way of getting …

China touts ‘Belt and Road’ to Italy amid growing doubts in Rome
1 year, 3 months ago

China touts ‘Belt and Road’ to Italy amid growing doubts in Rome

Al Jazeera  

China’s Wang Yi hails ‘thousand-year friendship’ with Italy as Rome weighs exit from infrastructure drive. China has insisted its Belt and Road initiative has “borne fruit” in Italy amid growing expectations Rome will exit Beijing’s signature infrastructure drive. China’s Foreign Minister Wang Yi told visiting Italian Deputy Prime Minister Antonio Tajani that growing cooperation between the countries has led to …

Joining China’s Belt and Road was ‘atrocious’ decision: Italy Minister
1 year, 4 months ago

Joining China’s Belt and Road was ‘atrocious’ decision: Italy Minister

The Hindu  

Italy made an "improvised and atrocious" decision when it joined China's Belt and Road Initiative four years ago as it did little to boost exports, Italian Defence Minister Guido Crosetto said in an interview published on Sunday. "The decision to join the Silk Road was an improvised and atrocious act" that multiplied China's exports to Italy but did not have …

Joining China's Belt and Road was an 'atrocious' decision, Italian minister says
1 year, 4 months ago

Joining China's Belt and Road was an 'atrocious' decision, Italian minister says

Firstpost  

Even though Italy is a part of the BRI, Meloni called it a “paradox” that it is not the G7 nation with the strongest trade ties to China Italy made a “improvised and atrocious” decision when it joined China’s Belt and Road Initiative four years ago as it did little to boost exports, Italian Defence Minister Guido Crosetto said in …

China-Europe freight train services expand Shandong's foreign trade
1 year, 7 months ago

China-Europe freight train services expand Shandong's foreign trade

China Daily  

The Qilu China-Europe freight train service boosts foreign trade in Shandong. Shandong province has been working to strengthen the construction of transportation hubs for China-Europe freight train services to boost trade and cooperation with countries and regions involved in the Belt and Road Initiative. There are currently 53 Qilu China-Europe freight train routes that connect Shandong with 56 cities in …

China’s Xi meets Central Asian leaders, calls for trade, energy development
1 year, 7 months ago

China’s Xi meets Central Asian leaders, calls for trade, energy development

Associated Press  

BEIJING — Chinese leader Xi Jinping promised to build more railway and other trade links with Central Asia and proposed jointly developing oil and gas sources at a meeting Friday with the region’s leaders that highlighted Beijing’s growing influence. The two-day China-Central Asia Summit in the western city of Xi’an came as President Joe Biden and other leaders of the …

High hopes voiced for China-Central Asia Summit
1 year, 7 months ago

High hopes voiced for China-Central Asia Summit

China Daily  

A road is built by Chinese constructors in Kyrgyzstan. On Thursday and Friday, the heads of state of China and the five Central Asian countries are due to gather in Xi'an for the first China-Central Asia Summit. China has been the largest or main trading partner of Central Asian countries for years, and the total trade volume between China and …

Sri Lanka, Pakistan Show China is Strangulating Even Its Friends With BRI & CPEC. Are Others Listening?
2 years, 3 months ago

Sri Lanka, Pakistan Show China is Strangulating Even Its Friends With BRI & CPEC. Are Others Listening?

News 18  

China launched the world-wide Belt and Road Initiative in 2013, the very year when its current president Xi Jinping assumed power. The project connects more than 70 per cent of energy resources, touches almost half of the world population directly or indirectly and shortens multiple connectivities substantially, one such example being the China Pakistan Economic Corridor. Ports will be also …

Explained | The G7’s $600 billion plan to counter China’s Belt and Road Initiative
2 years, 5 months ago

Explained | The G7’s $600 billion plan to counter China’s Belt and Road Initiative

The Hindu  

The story so far: On June 26, U.S. President Joe Biden along with his G7 allies unveiled the ambitious Partnership for Global Infrastructure and Investment, announcing the collective mobilisation of $600 billion by 2027 to deliver “game-changing” and “transparent” infrastructure projects to developing and middle-income countries. The PGII is being seen as the G7’s counter to China’s multi-trillion dollar Belt …

Xiconomics: How people-centered philosophy navigates China's high-quality growth, common development
2 years, 8 months ago

Xiconomics: How people-centered philosophy navigates China's high-quality growth, common development

China Daily  

BOOSTING COMMON DEVELOPMENT From China's growth to the common development of countries worldwide, Xi's economic thought addresses the needs and difficulties of global development through cooperation frameworks such as the Belt and Road Initiative and the Global Development Initiative. The railway, which connects Kunming, the capital city of southwestern China's Yunnan Province, and Vientiane, the capital of Laos, ushered in …

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