Since 2009, China has become Malaysia’s largest trading partner. Under Xi Jinping’s presidency, Chinese investment in Malaysia has seen strong growth. While most investments have been concentrated in the infrastructure, transportation and real estate sectors, new, more diversified investments are expected.
The 2nd MEDports forum was held in Marseille on February 7-8, 2017.
The MEDports forum aims at boosting cooperation among ports located on the North and Southern coasts of the Mediterranean sea. A MEDports association was inaugurated at the conclusion of the forum.
During this event a special session was dedicated to the Belt and Road Initiative.
In late January 2018, China announced the forthcoming creation of commercial courts dedicated to the “Belt and Road” initiative by the Supreme Court. This new judicial institution would consist of three courts. The headquarters would be located in Beijing. Court in Xian would settle commercial disputes over the new Continental Silk Roads; and in Shenzhen, the court would focus on the various issues related to the sea routes.
From 19 to 22 January 2018, the China-CELAC Forum took place in Santiago de Chile. Chinese Minister of Foreign Affairs Wang Yi encouraged Latin American and Caribbean states to expand their trade with China.
The Belgian port of Zeebrugge is expected to become a new hub of the Belt and Road initiative. Zeebrugge, the port of Bruges, is the second largest container port in Belgium after Antwerp, and the sixth in the Channel-North Sea region (2016). It is also the leading European port for car transportation.
Hans Dietmar Schweisgut, the European Union’s ambassador to China, announced on January 10 that the European Union was working on a connection project between Europe and Asia that could be linked to China’s Belt and Road initiative.
On January 12, 2018, a new fiber optic network connecting Nepal to China was inaugurated in Kathmandu. Until then, Nepal was entirely dependent on India for its access to internet. Another cable had already been launched by China in December
Priority to Africa After a visit to Xian, President Macron went to Beijing on January 9, 2018. He discussed with president Xi Jinping about environmental issues. The two states may increase their cooperation in Africa. One of the main outputs
President Emmanuel Macron began his three-day visit to China in Xian, the ancient capital of the Silk Road, before going to Beijing. The French president showed his commitment to the new Silk Roads; he said in an interview with the
On December 7, 2017, China and Maldives signed a free trade agreement. During his state visit in China, Maldives President Abdulla Yameen Abdul Gayoom promised to promote the Belt and Road initiative. The Maldives have already expressed their willingness to