China's "Belt and Road"

China's "Belt and Road"

China's "Belt and Road" plan is a multi-billion initiative aimed at linking Asia with Europe and Africa, and the countries in between. The plan, formerly known as "One Belt, One Road," brings together the landside Silk Road Economic Belt and Maritime Silk Road developments. The Silk Road Economic Belt connects China, Central Asia, Russia and Europe (the Baltic), linking China with the Persian Gulf and the Mediterranean through Central Asia and West Asia, and connecting China with Southeast Asia, South Asia and the Indian Ocean. The 21st-Century Maritime Silk Road is from China's coast to Europe through the South China Sea and the Indian Ocean on one route, and from China's coast through the South China Sea to the South Pacific.

News & Analysis

12 Aug 2019
Sponsored: China’s One Belt, One Road initiative has the potential to "resettle the landscape,” according to John Painter, president and CEO of Guangzhou Port America. At the JOC's 2019 TPM Conference, he discussed its impact on volumes, Guangzhou’s near-term expansion programs, and the tariff question.
China-Europe rail services cut transit times
02 Jul 2019
Despite huge growth in container volume transported by rail between China and Europe, the journey time is decreasing as services become more efficient.
29 Mar 2019
Container lines with the financial muscle — or state backing — are forging ahead with strategies aimed at controlling a greater portion of the container supply chain.
Trucks travel on a highway in China.
30 Nov 2018
Shipper demand for faster China-Europe alternatives to ocean freight is the driving force behind rising rail volume and the rapid development of new services on the intercontinental route, such as trucking.
A freight train travels across China.
04 Oct 2018
China’s government has invested billions in the China-Europe rail network, and volume, propelled by subsidies, has surged. However, those subsidies have created other downsides for shippers and the broader market.
Shanghai, China.
23 Aug 2018
Launched by Chinese President Xi Jinping in 2013, the Belt and Road Initiative is now a major cornerstone of China’s foreign policy.

Commentary

Despite publicly indicating a preference for the Port of Trieste in Italy, China may have really been working on securing market entry into Europe via a connection to the Rhine-Alpine corridor in Rijeka, Croatia.

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