Via CNBC, a report on the massive gas pipeline that Russia and China are building: China and Russia are in the final stages of building the first pipeline that can send gas from Siberia to Shanghai. “Power of Siberia” — as the portion located in Russia is called — began delivering natural gas to northern China […]
Read more »Via The Asia Times, an article on how the Power of Siberia 2 pipeline will divert Europe-bound gas to China: The construction of a second gas pipeline linking Russia and China is expected to commence within two years, a megaproject that will put Mongolia in the middle as the pipe is designed to pass through its […]
Read more »Via IntelliNews, an article on how Kyrgyzstan fears losing economic crown jewels if it delays China debt repayments: The large debt Kyrgyzstan has accumulated to neighbouring China has raised fears the country may have to hand over lucrative assets if it fails to meet its repayment obligations. Kyrgyzstan’s foreign debt as of the end of February […]
Read more »Courtesy of STRATFOR (subscription required), an article on how – in the DRC – an ongoing revenue dispute between the shareholders of the massive Tenke Fungurume mine has brought exports to a halt: In the Democratic Republic of Congo, the ongoing revenue dispute between the shareholders of the massive Tenke Fungurume mine has brought exports to […]
Read more »Via Eurasia Review, a report on how China’s BRI is now focused on new Eurasian trade routes due to the Ukraine war: Moving shipping containers from China through Russia to the European Union became a vital part of Beijing’s Belt and Road Initiative (BRI), but Moscow’s invasion of Ukraine and the Western sanctions that followed have […]
Read more »Via The Diplomat, an article on how – while the hope is for the CKU route to begin construction in 2023 – there remain significant challenges to realizing the railway: After 20 years of negotiations, the construction of the China-Kyrgyzstan-Uzbekistan (CKU) railway is hoped to finally begin next year. An online meeting took place between China, […]
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