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.
02 Feb 2017
A unified customs clearance system along the New Silk Road from China to Europe can address the major pain points on the route, a World Economic Forum director believes.
25 Jan 2017
The project is being funded with a $600 million loan from China.
13 Jan 2017
The China Cosco Shipping Group will receive $26 billion for Belt and Road investments and reforming of state-owned enterprises.
13 Dec 2016
Under the original development master plan, Gwadar was to handle about 100 million tonnes (110.2 million tons) of cargo in 2017, but it is nowhere near achieving that figure.
12 Dec 2016
China state-controlled company China Merchants signed a deal with the government of Sri Lanka to buy an 80 percent stake in Sri Lanka’s Hambantota deep-sea port.
02 Dec 2016
Draft rules to sharply curb outbound direct investment would impact investment in overseas port and logistics assets under the country’s Belt and Road program.
30 Nov 2016
Kenya’s second international seaport will open for operations by 2020.
23 Nov 2016
Expansion into industrial zone and city development projects is part of China's One Belt One Road program.
22 Nov 2016
The connection between private and public funding will be critical to raising the estimated $2 trillion to $3 trillion, which he said has the potential to become the world’s largest platform for global trade development, said DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem.
21 Nov 2016
HONG KONG — A US policy shift toward isolationism under the presidency of Donald Trump will leave a trade vacuum that Chi
29 Sep 2016
Cosco Shipping Ports on Wednesday entered into an agreement with Abu Dhabi Ports to build and operate a new container terminal at Khalifa Port.
BMW's deal with DB Cargo extends an agreement that has been in place since 2010.
01 Sep 2016
DB Cargo and BMW have signed a multi-year contract in another sign of shippers’ attraction to China-Europe containerized rail.
24 Aug 2016
Hutchison Port Holdings expects to open a second container terminal in Pakistan by October.
Ongoing infrastructure development in Africa will get a boost from the combined efforts of Pacific International Lines, China Merchant Port Holdings and China Machinery Engineering Corporation.
19 Aug 2016
Pacific International Lines has signed a memorandum of understanding with China’s largest public port operator and a mainland construction giant to develop new markets.
10 Aug 2016
The Chinese conglomerate will pay an additional 88 million euros for the extra 16 percent stake in Greece’s largest port.
21 Jun 2016
DP World is continuing its search for investment opportunities along the China-Europe Silk Road.
17 Jun 2016
The potential impact of China’s Belt and Road initiative is starting to emerge.
Southeast Asia’s infrastructure is emerging as a major beneficiary of China’s Belt and Road initiative.
07 Jun 2016
Southeast Asia’s infrastructure is emerging as a major beneficiary of China’s Belt and Road initiative.
25 May 2016
The government of Pakistan is introducing extensive long-term tax concessions for Chinese companies operating at the port of Gwadar on the Arabian Sea.
16 Mar 2016
Cosco Pacific is being hotly tipped to clinch the bid for Greece’s state-owned rail operator just weeks after winning control of the nation’s largest port of Piraeus, a top Mediterranean container hub.
10 Mar 2016
China Merchants Holdings International is planning to invest in around 10 more overseas ports as the state-owned company continues its ongoing global expansion and implementation of China’s Belt and Road strategy.
10 Feb 2016
China Merchants Group plans to build a new outer seaport on the basis of the existing Klaipeda seaport in Lithuania, one of the largest seaports in the Baltics, while investing in in Klaipedos Smelte, the largest loading company in the port, according to recent statements from Arturas Drungilas, director of marketing and general affairs for the Klaipeda seaport.
13 Jan 2016
China’s transport infrastructure and trade-focused regional development plans, together with an increasing number of trade liberalization agreements, will support Asia Pacific in remaining the fastest growing and most dynamic region in the world economy in 2016.
04 Jan 2016
The port of Antwerp has called for its main rival Rotterdam to join forces to confront the challenge of China’s growing investment in southern Europe ports that could lure container traffic from the Le Havre-Hamburg range.
25 Nov 2015
China's leaders seldom miss an opportunity to punt their Belt and Road trade strategy, and when Premier Li Keqiang met with Lithuania's Prime Minister Algirdas Butkevicius in east China's Suzhou City, he called for more progress in joint railway and port projects.
18 Nov 2015
China’s Belt and Road initiative means opportunities for maritime and logistics players despite inherent risks with investing in some of the markets along the planned routes, according to top executives from three leading China-based logistics and port companies.
30 Oct 2015
The port of Rotterdam has established a strategic partnership with the Bank of China focused mainly on Beijing’s “Belt and Road” strategy to boost trade links with Europe.
15 Oct 2015
China’s land and maritime transport initiative linking Asia with Europe and Africa, and the countries in between, promises to add up to $2.5 trillion in trade to the country over the next decade, a Kuehne + Nagle executive said Thursday.
13 Aug 2015
Shippers looking to use rail between Europe and China have another option to consider as companies continue to
06 Aug 2015
The latest multimodal option introduced to the One Belt, One Road trade initiative linking China and Europe comes from the Caspian Sea port of Baku in Azerbaijan that this week greeted the arrival of its first block train.
29 Jul 2015
While politicians wrangle over the Greek debt crisis and economists speculate on the lasting impact to the European and global economy, a decision on who controls a container quay miles away from Athens could reshape European supply chains.
28 Jul 2015
Airlines flying cargo between China and Europe will be hit hardest by Beijing’s One Belt, One Road trade strategy as the land bridge rail route proves too attractively priced to ignore, believes Steve Flowers, head of global freight forwarding at UPS.
13 Jul 2015
The benefits for containerized trade have not yet been clearly spelled out in China’s One Belt, One Road plan, but the scale of the initiative and the economic figures involved should make compelling reading for Asia-Europe shippers.
06 Jul 2015
The port of Antwerp is setting up a task force to capitalize on China’s “One Belt One Road” strategy aimed at boosting trade with Europe.
03 Jul 2015
China’s ability to throw staggering amounts of money at projects was on display again this week with the announcement that a state-owned investment giant will pour $113 billion into supporting the One Belt, One Road trade strategy.

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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