France Seeks Active Role in Belt and Road

China stands ready to work closely with France to enhance cooperation including that under the framework of the Belt and Road initiative, President Xi Jinping told visiting French President Emmanuel Macron in Beijing yesterday. Xi said China attached importance to coordination with France on major international issues in the hope of promoting world stability and […]

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Chinese company helps write new chapter in Ukraine’s Black Sea port

Ukraine’s Black Sea port of Yuzhny is in the midst of the major dredging operation.  The Beijing-based China Harbor Engineering Company (CHEC) is carrying out the dredging, helping Ukraine to transform the Soviet-built port into a modern maritime facility and write the new chapter in the history of Yuzhny. Founded in 1978, Yuzhny is one […]

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China Top Destination of Latin American Exports

China will become the leading destination for exports from Latin America and the Caribbean in 2017, with growth of 23 percent this year, according to a new report by the UN Economic Commission for Latin America and the Caribbean (ECLAC). ECLAC’s executive secretary, Alicia Barcena, unveiled the annual report on the region’s trade on Monday […]

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Belt and Road Initiative Not Only an Economic Project

The Belt and Road Initiative mirrors the profound transformation of a China that has become more active on the global stage. China has played an increasingly important role as a global player when Chinese President Xi Jinping sought for a more assertive and engaged foreign policy, said Francesco Mancini, associate dean and visiting associate professor […]

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China’s Economic Shift Creates Opportunities for Emerging Markets

China’s pursuit of high-end manufacturing and relocation of labor-intensive factories will generate opportunities for other emerging markets (EMs) in Asia to bolster economic growth, Fitch said in a report. The rating agency said Asia’s “frontier” EMs, such as Vietnam, will benefit from industrial transfers, but noted preconditions, including a sound business environment and political stability. […]

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China’s Rust Belt Looks to Belt and Road for Revitalization

“I am so happy to see the smooth construction of the first China-Russia cross-border road bridge,” said Nagia after she and another 120 artists from China and Russia performed at the bridge construction site. Construction of the long-awaited bridge across the Heilongjiang River, or the Amur River in Russia, started in 2016 after 28 years […]

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China’s Focus on Win-Win Relationships

As the world lauded the achievements of the Belt and Road Forum for International Cooperation earlier this month in re-balancing economic globalization, China’s approach to global governance and development is becoming ever more evident via win-win cooperation. The two-day forum of world leaders ended last week with promises and high hopes that the Belt and […]

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