One Belt One Road Europe
Since September 2017, several European cheeses such as Camembert and Brie have been blocked at Chinese borders by sanitary authorities. Authorities have revised their criteria and no longer allow the importation of certain types of cheese such as soft cheese,
The Chinese group “Legend Holdings” is about to buy 90% of “Banque internationale à Luxembourg” (Bil, International Bank in Luxembourg) from Qatar’s Precision Capital. The announcement was made on September 1, 2017. To be finalized, this 1.5 billion euro acquisition
In July 2017, Chinese Vice President Li Yuanchao traveled to Tunisia for the 5th edition of “Tunisia-China a partnership for the future” forum. During the meeting, several Tunisian officials expressed their willingness to see Tunisia participate in the “Belt and
In late August 2017, the Government of Thailand announced that the construction of a high-speed train line between Bangkok and Nong Khai, a border town next Laos, will start next October. The first phase of this project will consist of
From September 3rd to 5th 2017, the 9th BRICS summit will be held in Xiamen. The BRICS are the association of the five major emerging economies (Brazil, Russia, India, China and South Africa.) The five powers will seek to expand
What would be the impact on the BRI? In late August 2017, Silvio Berlusconi, former Italian Prime Minister, who hopes to return to the highest office of the Republic revived his idea of a double currency for Italy. According to
On August 18, 2017, China’s State Council disclosed new rules regarding Chinese investments abroad. According to the new regulation, Chinese companies will have to restrict their investments abroad in the most speculative sectors such as real estate, sports, entertainment, and
In August 2017, several initiatives took place in the Persian Gulf that illustrated regional interest in the BRI. Dubai-based Hamdan Bin Mohammed Smart University organized a round table on Islamic finance and the Belt and Road initiative. This event brought
A recent article published in the China Daily describes the transformation of some cities in Western China through the Belt and Road initiative. The town of Yumen in the province of Gansu is being transformed partly through the “Belt and
To ensure the success of the OBOR, China is putting on education. The One Belt, One Road program aims not only at strengthening exchanges between China and the rest of the world but also at ensuring the development of Asia.