Belt and Road Initiative

Powered by BRI, New Gwadar International Airport Going to Drive Regional Development

Under the Belt and Road cooperation spirit, New Gwadar International Airport (NGIA) Pakistan, one of the marvels of Chinese...

Looking at the CPEC with Renewed Optimism

Overhauling Pakistan’s economic strategy and carrying out social development reforms remain a priority for the new government and Pakistan can learn a lot from China’s reforms under the late Deng Xiaoping that were most practical and achievable as they focused more on sustainability than high rates of economic growth, resulting in unprecedented achievements over time.

Full Steam Ahead on the China-Europe Express Route

Wherever you are right now, there is a high probability something around you was imported from China. You might be using some electronics, in a shopping mall, or driving your car (hopefully not whilst reading this) but no matter what, there is a very big chance you are close to something made from there. This isn’t a new phenomenon of course. China is the number one exporting country in the world, exporting more than $2,157,000 million worth of goods in 2017 alone. Yet how these goods are being transported to European shopping malls, supermarkets and homes, is new. Last month, the China-Europe Express, sometimes referred to as the China-Europe Freight Train, reached a significant milestone, when it clocked its 10,000th journey from Wuhan, in central China, to Europe. Previously, goods from China had always arrived into Europe in the back of a freight plane or stowed in the bow of a ship. The reason for this was simple, air freight was significantly quicker than train and ship freight was a lot cheaper. Yet now, more and more trade between China and Europe is being done along the Belt and Road (B&R) using freight trains, which is reducing costs and increasing delivery speed. From Yilin to London, Xi’an to Hamburg Since 2013 B&R has been connecting China with the rest of […]

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