Wednesday, 15 July 2020

Tag Archives: Belt and Road

Pakistan emerges as major partner of BRI

BEIJING: Pakistan has emerged as a leading partner of the Belt and Road Initiative (BRI) introduced by President Xi Jinping six years back, according to a survey released at a media and think tank exchange event held in Nanjing, Jiangsu province, China.Fast and smooth functioning of CPEC makes Pakistan’s role ...

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Alibaba Founder Jack Ma is a Communist Party Member

BEIJING: Founder of Chinese tech giant Alibaba, Jack Ma, is among the world’s richest people and has also emerged as a member of another club – China’s 89-million-strong Communist Party. The billionaire’s Communist bonafides were revealed by the People’s Daily, the party’s official mouthpiece, in an article praising contributors to China’s ...

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EU launches Asia strategy to rival China’s ‘new Silk Road’

BRUSSELS: As doubts grow over China’s vast “Belt and Road” trade infrastructure project, the EU is launching an alternative plan for Asia that it says will not saddle countries with debt they cannot repay. EU member countries are expected to sign off on the new “Asia connectivity strategy” – which ...

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China’s trade with Belt and Road countries reaches $5t

BEIJING: China sees growing ties with Belt and Road countries in trade and economy over the past five years, as by June 2018, merchandise trade between China and countries along the route has exceeded $5 trillion. In the past five years, China’s total investment in economic and trade cooperation zones in these countries amounted ...

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