Via Arab News, a report that Saudi Arabia has recently unveiled a US$207M geological mapping project to tap Arabian Shield region which features the substantial involvement of the Chinese Geological Survey: Saudi Arabia is set to build a vast database of topographic insights and explore huge swathes of mineral deposits in the Arabian Shield region, […]
Read more »Via Geopolitics in South Asia, a report that Chinese firms are making significant investments into new Suez-based projects: Chinese companies have pledged to invest over US$3 billion in new Suez-based projects. Egypt’s Suez Canal Economic Zone (SCZone) secured the investments from Chinese companies active in chemical, textile and apparel, power, pipes, and iron and steel […]
Read more »Via Modern Diplomacy, an article on how the BRICS are now a new bridge to a New World: Measuring BRICS in single decades, in 2001, BRIC started as an acronym for Brazil, Russia, India, and China; Goldman Sachs economist Jim O’Neill claimed that by 2050 the four BRIC economies would come to dominate the global […]
Read more »Via The Conversation, an article on how a Kenya railway study shows Chinese-funded investment projects aren’t a one-way street: China is an important economic player in Africa. In 2021 alone, China accounted for nearly US$5 billion in foreign direct investment in African countries. The rapidly increasing Chinese presence across Africa has become a contentious issue […]
Read more »Courtesy of Nikkei Asia, a report on the Pinglu Canal in southern China which is set to reshape the movement of goods in the region when it is completed in a few years. The $10 billion project highlights Beijing’s shifting focus toward maritime connectivity for its Belt and Road Initiative, observers say. But as the […]
Read more »Via Tasnim News, a report on Iraq’s ambitions plans to become a regional transportation hub: Iraq presented an ambitious plan on Saturday to establish itself as a regional transportation hub by developing its road and rail infrastructure, connecting Europe with the Persian Gulf and other countries in West Asia. The $17 billion project, known as […]
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