• Box 4006, 133 04 Saltsjöbaden
Belt and Road Updates, July 18

Belt and Road Updates, July 18

China Leading Global Transportation Investment in Africa: A new report  has identified China as the largest non-continental investor in rail and transportation projects in Africa, and shone a light on the potentials of the New Paradigm economy. China now has 21.3% of an investment market now estimated at $430.3 billion. The figures were compiled by Project Insight (a firm which creates business management software), whose authors tracked 448 “large-scale transportation projects” involving road, rail and bridges, across the continent. The authors highlight that both the IMF and Africa Development Bank project—even with existing infrastructure density—forecast continued growth for the region, and state that this growth rate will only increase when these projects are realized. The executive summary of the 31-page report takes particular note of the Chinese influence throughout the continent. “China has made numerous investments across Africa,” they write “becoming a major financier of key transport projects in the region. At least five African countries have had their railway systems funded by China: Kenya, Ethiopia, Angola, Djibouti and Nigeria. “Based on the pipeline of projects tracked by the publisher, Chinese contractors are involved in road and railway projects that account for 21.3% of the overall project pipeline value,” followed […]

Read More
Belt and Road Updates July 11

Belt and Road Updates July 11

China’s Belt and Road Initiative Keeps Expanding and Developing Nations: China’s Belt and Road Initiative continues to expand, leading nations and billions of people out of backwardness, and into development, through massive scientific-technological projects. A relating of some of the recent, important developments: ** Indonesia has asked China to set up a special fund within its Belt and Road Initiative for investment in Indonesia, Southeast Asia’s largest economy. Indonesia drew up a menu of 30 projects, worth $91 billion, that China could invest in. Indonesian President Joko Widodo made the request for a special fund during a meeting with China’s President Xi Jinping on the sideline of a G20 summit in Japan last week. Were China to agree to such a special fund, then Indonesia’s Finance Minister Sri Mulyani Indrawati is doing a study to create it.     Already, the BRI is involved in Indonesia. The most high-profile BRI project is a $6 billion high-speed rail project connecting the capital, Jakarta, to the textile hub of Bandung– where the founding conference of the Non-Aligned Movement was held. The contract was awarded to a consortium of Chinese and Indonesian state firms in 2015. Another project is a $1.5 billion hydropower […]

Read More
BRI Update July 4, 2019

BRI Update July 4, 2019

The Belt and Road at the G-20 Summit in Japan:  The Chinese President Xi Jinping brought the up the role of the Belt and Road Initiative in “building a high-quality world economy” in the G-20 meeting in Osaka, Japan on June 28. In his speech, President Xi said: “The G20 is the premier forum for international economic cooperation. We, as the leaders of major economies, are duty bound to re-calibrate the direction of the world economy and global governance at this critical juncture, work together to boost market confidence, and bring hope to our people.” He emphasized the importance of thinking on a long-term basis, an idea that has been missing from the Western-dominated, short-term profit maximizing economic philosophy of the past 30 years. “We must keep in mind our shared future. In today’s world, all countries’ interests are closely intertwined. We have a high stake in each other’s future. By expanding common interests and taking a long-term view, we can realize enduring peace and prosperity in the world and deliver a better life to all our people. We must not allow ourselves to become prisoners of short-term interests and make irrevocable mistakes of historic consequences,” Xi said. President Xi, […]

Read More
Information and documents about the Belt and Road Initiative

Information and documents about the Belt and Road Initiative

We witness very often articles and commentaries in mainstream media in the west and from so-called experts on China that the Belt and Road Initiative (BRI) “is vague”, that there is no list of nations that participate in it, and that it has no definition nor an agency that defines what it is. Here we show that the opposite is correct. There are very clear-cut concepts of the BRI if you consult the original sources. There are also lists of nations participating in it. There are documents and reports that outline its course and development. Here are some of the sources that we in the BRIX deem as useful in this respect. Chinese sources and documents: The most important official Chinese informationsource is the Belt and Road Portal. Here, we find news, docuemtns, and updates about the BRI. Here, we also find an updated list of the nations that participate in the BRI through signing memoranda of understanding with China.  länder som har anslutit sig till BRI. The most important official document defining the BRI is the “Vision and Actions on Jointly Building Silk Road Economic Belt and 21st-Century Maritime Silk Road”. The Chinese National Development and Reform Commission (NCDR), […]

Read More
BRI Update June 11

BRI Update June 11

Eurasian Economic Union and the Belt and Road Initiative Create Synergies: On June7, China’s President Xi Jinping and his host at the St. Petersburg International Economic Forum (SPIEF), Russian President Vladimir Putin emphasized the importance of closer coordination between the China-initiated Belt and Road Initiative (BRI) and the Russia-initiated Eurasian Economic Union (EEU). This would create the largest economic area on the planet both in number of nations and geographical outreach. The Shanghai Cooperation Organisation (SCO), which will have its summit meeting on June 14-16 in Bishkek, Kyrgyzstan, will bring together many nations of both groupings, but also significantly India, which is neither a member of the BRI nor EEU. President Xi Jinping: The Belt and Road Initiative addresses the Crisis of the century: Speaking at the Plenary session of the SPIEF on June 7, President Xi Jinping opened by saying that the world is facing “profound changes unseen in a century,” and that “China stands ready to make joint efforts with the international community to create an open and pluralistic world economy, a happy society that is inclusive and benefits all, and a beautiful homeland with harmonious coexistence between humanity and nature, and explore a new path of sustainable […]

Read More
37 World Leaders to Attend Second BRI Forum in Beijing

37 World Leaders to Attend Second BRI Forum in Beijing

2019.04.21 Leaders from 37 countries, 360 ministers, 100 leaders of international organizations and 5,000 participants from 150 countries will attend the Second Belt and Road Forum for International Cooperation, said Chinese Foreign Minister Wang Yi on Friday, April 19. In addition,  4,000 reporters will also be attending the Forum, whose theme is “Belt and Road Cooperation, Shaping a Brighter Shared Future. “The second Belt and Road Forum will be held in Beijing on April 25-27. It will become China’s largest international event this year. Thirty-seven leaders of state and government will participate in the forum,” Wang told a press conference.  This will include the leaders of Austria, Egypt, Hungary, Italy, Russia, the United Arab Emirates and others. “Senior representatives” of France, Germany, Britain, Spain, Japan, the Republic of Korea and the European Union will also participate; other diplomatic representatives of the United States and North Korea will also be there. International Monetary Fund Managing Director, Christine Lagarde, and  Antonio Guterres, the UN secretary- general, are also expected to participate, according to Wang. Wang announced that there would 12 forums and conferences on various themes to be held on April 25 and on April 26, double the number of last year, […]

Read More