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Peruvian port helps spur trade with China
6 days, 2 hours ago

Peruvian port helps spur trade with China

China Daily  

Containers are loaded onto a truck at Chancay Port, Peru. Situated about 60 kilometers north of Peru's capital Lima, the deepwater port is co-invested by China's COSCO Shipping and Peru's Volcan Compania Minera SAA — a collaborative project between China and Peru under the BRI. The newly opened Chancay Port is poised to deliver significant economic and social benefits to …

China Trade Economic Port Latin America Latin America
Qingdao reports trade growth with BRI partner countries
1 week, 5 days ago

Qingdao reports trade growth with BRI partner countries

China Daily  

Qingdao Customs data shows that in the first 10 months of this year, the city's imports and exports to countries involved in the Belt and Road Initiative reached 378.97 billion yuan, accounting for 50.2 percent of the city's total foreign trade volume during the same period. "This year, orders for hairy crabs increased significantly, and exports reached a new high, …

Products Bri Qingdao Fresh Hairy Crabs
How maritime trade has become a tool of diplomacy and deterrence
2 weeks, 5 days ago

How maritime trade has become a tool of diplomacy and deterrence

Firstpost  

As the geopolitical landscape shifts, particularly in contested waters such as the South China Sea and the Indian Ocean, the role of navies as guardians of trade and deterrents of conflict is being redefined The Indian Ocean is a pivotal geopolitical nexus, serving as a bridge between the East and the West and a vital conduit for global trade and …

Global China Trade Navy Ocean Indian Maritime
Nepal PM Oli’s visit to China: High in optics, low in content
2 weeks, 5 days ago

Nepal PM Oli’s visit to China: High in optics, low in content

Firstpost  

Though Nepal wanted to balance India through expansion of ties with China, it hardly received anything substantial in return from Beijing High in optics and but low in content, Nepal Prime Minister KP Sharma Oli’s visit to China this week sends signals of balancing India. On December 3, Nepal and China issued a nine-point agreement on Tokha Chhare tunnel project …

India China Nepal Projects Project Chinese Beijing
How Pakistan and Central Asia is helping China beat West's sanctions over Xinjiang
2 weeks, 5 days ago

How Pakistan and Central Asia is helping China beat West's sanctions over Xinjiang

Firstpost  

As Western scrutiny mounts over Xinjiang’s human rights record, China leverages its partnerships with Pakistan and Central Asia to secure the region economically In November 2024, Volkswagen, the German automaker, made headlines by announcing its decision to sell its factory in Urumqi, Xinjiang. In November, Xinjiang officials held their first meeting with counterparts from Kazakhstan’s Zhetysu region, a key partner …

China Trade Pakistan Asia Labour Companies Region
Chinese, Arab youths gather in Zhuhai
3 weeks, 4 days ago

Chinese, Arab youths gather in Zhuhai

China Daily  

Youths from China and Arab states were urged to promote mutually beneficial endeavors and implement the Belt and Road Initiative at the third China-Arab States Young Political Leaders Forum, which concluded in Zhuhai, Guangdong province, on Thursday. China has signed cooperative BRI documents with 22 Arab countries and the League of Arab States and implemented more than 200 projects in …

China States Arab Chinese Bri Liu Zhuhai
Economic momentum of China hailed 'beneficial'
1 month ago

Economic momentum of China hailed 'beneficial'

China Daily  

By ZHAO JIA | China Daily | Updated: 2024-11-23 07:08 China's remarkable economic momentum offers ASEAN member states an extraordinary chance to achieve shared progress, said a senior Malaysian official, calling on regional nations to deepen connections with Beijing to jointly build a peaceful and prosperous Asia. Simply put, we are stronger when we stand together," Azalina Othman Said, minister …

China Chinese Asean Bri Malaysia Malaysian Azalina
China-Indonesia shared growth vision hailed
1 month ago

China-Indonesia shared growth vision hailed

China Daily  

Passengers pose for photos aboard a high-speed electric multiple unit train running on the Jakarta-Bandung High-Speed Railway in Indonesia, Oct 2, 2023. "As Indonesia advances toward its Golden Indonesia 2045 Vision, aiming for an 8 percent annual economic growth, China, being our top trade partner, is an indispensable partner," Rasjid said. According to official data, China has been Indonesia's largest …

China Economic Indonesia Industrial Chinese Bri Jakarta
Silk Road Maritime supports high-quality development of BRI
1 month ago

Silk Road Maritime supports high-quality development of BRI

China Daily  

The 20 millionth TUE of "Silk Road Maritime" named routes. The 20 millionth TUE of "Silk Road Maritime" named routes was recently loaded onto the Portuguese-flagged container ship ESL WAFA at Xiamen Port's Hairun Terminal. Cargo from member ports of the Silk Road Maritime Alliance like Qingdao, Xiamen, and Shenzhen can reach the Persian Gulf region, over 5,000 nautical miles …

Ports Road Silk Silk Road Maritime Maritime Service Named Routes
China-Indonesia shared growth vision hailed
1 month ago

China-Indonesia shared growth vision hailed

China Daily  

By YANG RAN | China Daily | Updated: 2024-11-21 10:03 Passengers pose for photos aboard a high-speed electric multiple unit train running on the Jakarta-Bandung High-Speed Railway in Indonesia, Oct 2, 2023. "As Indonesia advances toward its Golden Indonesia 2045 Vision, aiming for an 8 percent annual economic growth, China, being our top trade partner, is an indispensable partner," Rasjid …

China Economic Indonesia Industrial Chinese Bri Jakarta
China, Brazil elevate ties to forge shared future
1 month ago

China, Brazil elevate ties to forge shared future

China Daily  

President Xi Jinping holds talks with his Brazilian counterpart Luiz Inacio Lula da Silva in Brasilia, Brazil, Nov 20, 2024. These strategies aim to modernize Brazil's infrastructure and strengthen regional connectivity, goals that echo the BRI's mission of enhancing global trade and development through shared infrastructure. Over the past years, Chinese companies have been actively participating in Brazil's renewable energy …

China Development Brazil Bri Brazilian
Brazil’s Lula welcomes China’s Xi for state visit as ties between countries strengthen
1 month ago

Brazil’s Lula welcomes China’s Xi for state visit as ties between countries strengthen

Associated Press  

RIO DE JANEIRO — Brazilian President Luiz Inácio Lula da Silva on Wednesday welcomed China’s President Xi Jinping for a state visit at the Alvorada Palace in Brasilia, the latest sign of deepening ties between the two countries that analysts say may accelerate as Donald Trump returns to the White House in 2025. Xi referred to China and Brazil as …

China Brazil State Palace President Chinese Bri
Chinese, Peruvian leaders inaugurate new megaport, boosting Latin America's trade links
1 month, 1 week ago

Chinese, Peruvian leaders inaugurate new megaport, boosting Latin America's trade links

China Daily  

This combo photo shows President Xi Jinping and his Peruvian counterpart, Dina Boluarte, attending the opening ceremony of the Chancay Port via video link in Lima, Peru, Nov 14, 2024. Peruvian officials and experts see the Chancay Port as a step toward redefining South America's role in global trade, making it easier for Peru and neighboring countries to export goods …

China Trade Asia Port South America Latin America West
Chinese, Peruvian leaders inaugurate new megaport, boosting Latin America's trade links
1 month, 1 week ago

Chinese, Peruvian leaders inaugurate new megaport, boosting Latin America's trade links

China Daily  

This combo photo shows President Xi Jinping and his Peruvian counterpart, Dina Boluarte, attending the opening ceremony of the Chancay Port via video link in Lima, Peru, Nov 14, 2024. Peruvian officials and experts see the Chancay Port as a step toward redefining South America's role in global trade, making it easier for Peru and neighboring countries to export goods …

China Trade Asia Port South America Latin America West
Trade or tactics? Why China’s Chancay Port in Peru has the US on edge
1 month, 1 week ago

Trade or tactics? Why China’s Chancay Port in Peru has the US on edge

Firstpost  

A crane moves a container at the new megaport being built by China's state-owned Cosco Shipping, promising to shorten sea routes to Asia for Peruvian and some Brazilian goods, in Chancay, Peru October 24, 2024. China’s state-owned companies, like COSCO, are leading these investments, giving China more control over important trade routes and economic power through these key ports. China’s …

Military Trade Economic Myanmar Latin America Pacific Influence
China Eximbank backs BRI cooperation
1 month, 1 week ago

China Eximbank backs BRI cooperation

China Daily  

Pedestrians walk past an Belt and Road cooperation has progressed from "sketching the outline" to "filling in the details", delivering tangible and fruitful outcomes in the 11 years since the launch of the Belt and Road Initiative. To promote high-quality Belt and Road cooperation, the Export-Import Bank of China, as a financial institution dedicated to supporting China's foreign trade and …

Support China Development Financial Financial Institutions Cooperation Countries
Cooperation on the fast track
1 month, 2 weeks ago

Cooperation on the fast track

China Daily  

A train on the Jakarta-Bandung High-Speed Railway on Oct 17, one year after the flagship project between China and Indonesia within the framework of the BRI officially operated. Data from China's General Administration of Customs show that in 2023, the bilateral trade volume between China and Indonesia reached $139.41 billion, with China importing $74.21 billion and exporting $65.2 billion. XU …

China Trade Investment Port Railway Indonesia Chinese
Cooperation on the fast track
1 month, 2 weeks ago

Cooperation on the fast track

China Daily  

A train on the Jakarta-Bandung High-Speed Railway on Oct 17, one year after the flagship project between China and Indonesia within the framework of the BRI officially operated. Data from China's General Administration of Customs show that in 2023, the bilateral trade volume between China and Indonesia reached $139.41 billion, with China importing $74.21 billion and exporting $65.2 billion. XU …

China Trade Investment Port Railway Indonesia Chinese
Managing success for new challenges ahead
1 month, 2 weeks ago

Managing success for new challenges ahead

China Daily  

MA XUEJING/CHINA DAILY As the Belt and Road Initiative enters the second decade of implementation, its sphere of global outreach has been growing with gusto. The substantial conclusion of the upgrade negotiations on the ASEAN-China Free Trade Area 3.0, announced at the 27th China-ASEAN Summit last month, came as a timely triumph for economic integration and multilateral cooperation at a …

China Trade Consumer Protection Economic Cooperation Global Development China Daily
Qingdao Port adds new BRI service to Middle East
1 month, 3 weeks ago

Qingdao Port adds new BRI service to Middle East

China Daily  

With the container ship Kota Plumbago departing from Berth No 82 at Qingdao Port of Shandong Port Group, a new service to the Middle East was officially launched at Qingdao Port, as part of joint efforts by Wan Hai Lines, Pacific International Lines and Regional Container Lines. The launch of the service is a pivotal step in Qingdao Port's efforts …

Middle East Port Qingdao Qingdao Port Shipping Service
Beijing, Kuala Lumpur to deepen cooperation
3 months ago

Beijing, Kuala Lumpur to deepen cooperation

China Daily  

President Xi Jinping holds a welcoming ceremony for Malaysia's King Sultan Ibrahim Sultan Iskandar, who is on a state visit to China, at the Great Hall of the People in Beijing prior to their talks on Friday. YIN BOGU/XINHUA China and Malaysia agreed to further deepen pragmatic cooperation and enhance collaboration in international affairs to promote shared development and world …

China Cooperation Beijing Bri Sultan Ibrahim Visit
Notable development
3 months ago

Notable development

China Daily  

MA XUEJING/CHINA DAILY The Belt and Road Initiative has successfully created a new infrastructure and economic network between China and its partners, including those in West Asia. China has established strategic partnerships in several fields with many West Asian countries, including exploration projects and physical and digital infrastructure development. This is evidenced by the efforts of West Asian countries to …

Security Europe China Asia Economic Cooperation Asian
Notable development
3 months ago

Notable development

China Daily  

MA XUEJING/CHINA DAILY The Belt and Road Initiative has successfully created a new infrastructure and economic network between China and its partners, including those in West Asia. China has established strategic partnerships in several fields with many West Asian countries, including exploration projects and physical and digital infrastructure development. This is evidenced by the efforts of West Asian countries to …

Security Europe China Asia Economic Cooperation Asian
Abu Dhabi Crown Prince’s Delhi visit: India-UAE ties scaling new heights
3 months, 1 week ago

Abu Dhabi Crown Prince’s Delhi visit: India-UAE ties scaling new heights

Firstpost  

The growing partnership between India and the UAE envisages a great ray of hope and robust optimism against the background of an increasingly complex and conflict-stressed global geopolitics The Crown Prince of Abu Dhabi, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, visited India on 9-10 September 2024 for a two-day visit. The Crown Prince of Abu Dhabi …

Global India Energy China Trade Asia South Asia