Via The Diplomat, an article on a new China-Serbia Free Trade Agreement which aims to increase trade flows and eliminate custom tariffs on arms deals, opening the field for sanctioned Chinese companies in Serbia: In October, the Serbian Parliament adopted an 850-page bilateral trade agreement with China. Drowned out by other global events – foremost the breakout […]
Read more »Courtesy of The New York Times, an article on BYD’s announcement that it will build a plant in Hungary: BYD, China’s electric-vehicle juggernaut, said Friday it would build an assembly plant in Hungary, its first production facility for battery-powered cars in Europe and the latest sign of the company’s ambitious plans to expand beyond Asia. […]
Read more »Via France24, an article on Papua New Guinea’s use of BRI funding: Papua New Guinea’s prime minister has promised to tread carefully with Belt and Road funding from China, telling AFP on Monday he would not be “reckless” with foreign loans. China and the United States have been jockeying for influence in the South Pacific state, […]
Read more »Via The Diplomatic Courier, a look at the impact of China’s BRI in the Middle East: China’s Belt and Road Initiative (BRI) has had, over the past decade, a profound impact on the political, cultural, and economic landscapes of countries the world over. While much of the BRI is an empty concept, BRI investments have […]
Read more »Via The Diplomat, a report that Europe is pushing hard to advance the Middle Corridor, but other countries like China, Russia, Iran, and Azerbaijan will almost certainly benefit from the infrastructure being built: In late November, the World Bank published an economic analysis on the potential of the Middle Corridor to develop over the next decade. The […]
Read more »Courtesy of Reuters, a report that Papua New Guinea is in advanced talks with Chinese banks to fund its stakes in LNG megaprojects: Papua New Guinea’s state-owned petroleum company is in advanced talks with Chinese banks to help fund its stakes in the two major liquefied natural gas (LNG) projects in the country, a senior […]
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