Courtesy of The Diplomat, a look at the BRI’s growth over its first 10 years – and its transformation from a Eurasian transit corridor to an initiative with global scope: On September 7, 2013, Chinese President Xi Jinping delivered a speech at Nazarbayev University in Astana, Kazakhstan. Titled “Work Together to Build the Silk Road […]
Read more »Via Modern Diplomacy, a report on Saudi Arabia’s growing tourism industry: Saudi Arabia, a land traditionally synonymous with oil and Hajj pilgrimages, is making headlines with its burgeoning tourism sector. Over a three-month period, the kingdom witnessed a staggering inflow of 7.8 million people, generating a revenue of $9.86 billion in the first quarter of […]
Read more »Via Energy Daily, a report of a Chinese pledge to invest in Serbian gold and copper assets: China is set to pour billions into a copper and gold mine in eastern Serbia, marking another dramatic increase in investment in the Balkan country by Beijing.According to a memorandum of understanding signed over the weekend in China’s […]
Read more »Via Geopolitical Monitor, commentary that the BRICS are not a strategic threat to the U.S.: Two weeks ago, the BRICS announced that Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates will join the “alliance” in 2024. Despite widespread enthusiasm in anti-Western circles, the soon-to-be 11-member economic bloc is a partnership of convenience. […]
Read more »Courtesy of NikkeiAsia, a report on how – as Western businesses exit Myanmar – investments come from friendly nations such as China and Thailand: From infrastructure to consumer goods, Chinese and Thai companies have expanded in Myanmar as their countries maintain relations with the Western-sanctioned military-led government. Than Swe, Myanmar’s military-appointed deputy prime minister and foreign […]
Read more »Via Geopolitical Monitor, analysis of Tanzania’s economic challenges: Tanzania is facing a fuel crisis, and the world seems to be overlooking it. The fuel price has now gone up by 17%within a short amount of time. Although the Tanzanian government has announced a cap on the cost of the oil, the initial shock has still led to a […]
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