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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 […]

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The 2nd Belt and Road Forum in Stockholm, held on Wednesday, May 22, the China Cultural Center, was an exceptional event and powerful demonstration of the great interest in the Belt and Road Initiative (BRI) and cooperation with China in Sweden, a country whose political elites and mainstream media are still skeptical and oblivious to the BRI. The international nature of this full-day event was almost unprecedented in terms of the discussion of the BRI in this country. A sizeable portion of the foreign diplomatic corps in Stockholm turned out to discuss the outcome of the Second Belt and Road Forum for Economic Cooperation (BRF2) which took place in late April in Beijing. 33 diplomats including 13 ambassadors from four continents joined business representatives, academicians as well as one Swedish parliamentarian, a city councilman, and 4 journalists, forming an audience of over 100 persons. The event was organized by the Belt and Road Executive Group for Sweden (BRIX), in collaboration with the China-Sweden Business Council. Ulf Sandmark, the Chairman of the BRIX, gave the opening speech of the morning session, pointing out that the BRI is not just railways or trade routes but ‘development corridors’. The BRI is definitely not any […]

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All videos of Second Belt and Road Forum in Stockholm are available now!

All videos of Second Belt and Road Forum in Stockholm are available now!

All the speeches and discussion panels of the BRIX-organized Second Belt and Road Forum in Stockholm on May 22, 2019 are available in video on the BRIX YouTube Channel. CLICK on the video title or speaker to watch! Opening remarks by BRIX Chairman Ulf Sandmark Keynote speech by H.E. Ambassador of the People’s Republic of China to Sweden, Mr. Gui Congyou. Speech of H.E. Ambassador of Pakistan to Sweden, Mr. Hussain Dayo on the China-Pakistan Economic Corridor. Speech of H.E. Ambassador of Portugal, Mr. Henrique SIlveira Borges on Portugal-China economic cooperation. Speech of Hon. Mr. Thore Vestby, former member of the Norwegian Parliament on the Norwegian and Swedish attitudes to the BRI. Lars Aspling: Part 1, The amazing Chinese economic development in the past 30 years. Hussein Askary: Africa’s transformation thorugh the Belt and Road Initiative. Lars Aspling: Part 2, Why Europe and Sweden should join the Belt and Road Initiative. First Panel Discussion, Second Belt and Road Forum in Stockholm. Stephen Brawer, Vice Chairman of BRIX: Dialog of Cultures rathern than Geopolitics. Professor Mike Danilovic: the BRI as a Business Opportunity for Swedish SMEs. Researcher Jasmine Liuhua liu: “Exploring Chinese Business Culture”. MBA Student Suci Ariyanti: The China Conundrum! […]

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BRI Updates

BRI Updates

Weekly BRI update May 27-June 3 Compiled by: Mark Bender Edited by: Hussein Askary Africa Zimbabwe, Mozambican leaders meet [at Ramaphosa inauguration] – 25 MAY, 2019 – 00:05 President Mnangagwa last night met his Mozambican counterpart, President Filipe Nyusi, and discussed the forthcoming summit between the United States of America and African states to be hosted by the country’s neighbour next month, among other bilateral issues. https://www.herald.co.zw/zim-mozambican-leaders-meet/ China denounces sanctions on Zimbabwe – 28 May, 2019 SANCTIONS imposed on Zimbabwe are not just illegal, but unjust and should be removed as they are causing underdevelopment and the suffering of innocent people. Addressing delegates at the commissioning of the US$10 million brick and tile manufacturing plant at Sino Zimbabwe Cement Company (SZCC) on the outskirts of Gweru yesterday, Chinese Ambassador to Zimbabwe Mr Guo Shaochun said China, as an all-weather friend of Zimbabwe, will continue supporting the country so that it transforms into an upper middle-income economy by 2030. “We hope that through our joint efforts, we will be able to provide more support for Zimbabwe to rebuild and restore its industry, achieve economic independence and alleviate the suffering of its people caused by illegal and unjust sanctions. “In any case, it’s unfair to […]

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