Japan signals openness to Belt and Road

Japanese Prime Minister Shinzo Abe has said his government will “properly respond to” individual cooperation programs related to the China-proposed Belt and Road Initiative. Abe made the remarks on Wednesday when meeting with Toshihiro Nikai, secretary-general of the ruling Liberal Democratic Party, and Yoshihisa Inoue of junior coalition partner Komeito to talk through Japan’s strategy on… Please follow and like us:

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China seeks French role in Belt, Road

President welcomes Macron on his first visit as head of state China would like to make joint efforts with France to enhance cooperation under the Belt and Road framework using the principle of mutual benefit, President Xi Jinping said on Monday. Xi made the remark while meeting with French President Emmanuel Macron at Diaoyutai State Guesthouse… Please follow and like us:

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2nd line of China-Russia oil link starts

The second line of the China-Russia oil pipeline began commercial operation on Monday, another step in diversifying China’s energy supply and ensuring its energy security, according to China National Petroleum Corp, the country’s biggest oil producer. With an annual capacity of 15 million metric tons, the project is expected to double China’s annual imports of Russian… Please follow and like us:

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Xi tells Putin he has high hopes for China-Russia ties in 2018

President Xi Jinping said on Sunday he is ready to join Russian President Vladimir Putin in consolidating political and strategic mutual trust and expanding all-around pragmatic cooperation. Xi made the pledge in his New Year greeting message to Putin. In the message, Xi, on behalf of the Chinese government and people, extended his sincere greetings and… Please follow and like us:

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Pakistan Examines Chinese Proposal to Replace Dollar with Yuan

Officials in Pakistan say a Chinese proposal to replace the U.S. dollar with yuan for bilateral trade is under consideration. Beijing has already committed to investing around $60 billion in the country by 2030 under a long-term plan of development cooperation with Islamabad, known as the China Pakistan Economic Corridor, or CPEC. Bilateral trade between the… Please follow and like us:

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Asset management firms see windfall from B&R Initiative

China’s Belt and Road Initiative will create new opportunities for the asset management industry in the Asia-Pacific region in the next few years, a new industry report said. Asset management practitioners should take advantage of the huge opportunities for infrastructure construction in the countries and regions that are related to the initiative, said Ba Shusong, chief… Please follow and like us:

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Li, Putin envision linking EEU with Belt, Road Initiative

Premier Li Keqiang said that China is ready to step up efforts to link the China-initiated Belt and Road Initiative with the Eurasian Economic Union when meeting on Wednesday with Russian President Vladimir Putin in Moscow. The alignment, Li said, can boost bilateral cooperation in traditional and emerging areas to expand cross-border trade and further develop… Please follow and like us:

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3 final CEE countries align with Belt, Road Initiative

Estonia, Lithuania and Slovenia sign as Li meets with leaders China has signed memorandums of understanding with Estonia, Lithuania and Slovenia to promote the Belt and Road Initiative, signaling that all 16 Central and Eastern European countries have agreed to align with the initiative. Last November, Latvia signed such a document during the fifth China-CEEC leader’s… Please follow and like us:

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London’s new lord mayor seeking more China deals

The City of London’s new lord mayor will push for the United Kingdom’s main financial district to do more business with China. Charles Bowman, who became the 690th lord mayor of the City of London on Nov 10, said he would like to leave two “China legacies” during his year in office. “I’m really keen to… Please follow and like us:

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Shandong Gold seeks overseas expansion

Shandong Gold Group Co Ltd, one of China’s leading gold producers, is seeking to expand its overseas business as it aims to become one of the top 10 gold miners in the world. The Shandong-based company is targeting assets in countries that have stable social conditions, good gold reserves and open markets, according to a company… Please follow and like us:

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Open economy ‘benefits all’, Xi says

Joint efforts needed for a bright future, he tells APEC business leaders meeting President Xi Jinping sent a strong message of pursuing open global economies, supporting free trade and building a multilateral trade system in a highly anticipated speech delivered at the APEC CEO Summit in Vietnam on Friday. He called economic globalization an irreversible historical… Please follow and like us:

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Investors swoop on $2b sovereign bonds issued in Hong Kong

China’s Ministry of Finance successfully launched $2 billion of sovereign bonds in Hong Kong on Thursday, attracting a wide range of global investors, including many from Europe, showing strong European investor confidence and demand for Chinese sovereign bonds. The bonds are the first US dollar denominated sovereign bonds to be issued by China in 13 years.… Please follow and like us:

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China’s opening up helps world economy: Chinese ambassador

WASHINGTON – China’s outward-looking vision will continue to bring about win-win scenarios for China and its partners across the world, including the United States, Chinese Ambassador to the United States Cui Tiankai said on Monday. In an article published on CNN.com, Cui noted that China will hold the 19th National Congress of the Chinese Communist Party… Please follow and like us:

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Shanghai eyes Belt and Road key role

A group of international visitors rest on a rooftop at the Bund, Shanghai, July 30, 2012. [Photo/VCG] Shanghai aims to become an investment and financing hub for markets involved in the Belt and Road Initiative and a global renminbi financial services center, said city authorities on Wednesday. “The city will step up the opening of the… Please follow and like us:

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Belt and Road Initiative takes auto industry globally

Neely’s move to acquire Proton in the limelight. More global acquisition to follow suit backed on the Belt and Road Initiative. [Photo/Agencies] But key areas remain underdeveloped, offering new growth drivers Industry insiders have hailed China’s supportive policies as the backbone of expanding international automobile partnerships linked to the Belt and Road Initiative. Cui Dongshu, secretary-general… Please follow and like us:

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