Category Archives: Belt and Road

Landlocked Mongolia welcomed by Caofeidian to turn into land-linked

CAOFEIDIAN, April 30 – The port of Caofeidian (曹妃甸), once claimed as a ghost city in northern China, is on the way to become an international hub to take advantages of the “Belt and Road” initiative to connect between Central Asia and Europe by its superior geographical location. On April 26, Caofeidian  industrial zone’s promotion conference was attracted nearly 400 merchants, investors and local authorities from China, Mongolia, Japan and South Africa at Hebei province.

Continue reading Landlocked Mongolia welcomed by Caofeidian to turn into land-linked

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Xi, Putin and Battulga meet in June, Qingdao

BEIJING(Naanga) —  China and Mongolia agreed to integrate the Belt and Road Initiative and Mongolia’s Development Road (formerly Prairie Road) program, according to the Xinhua Agency’s report.

China will take advantage of the essential opportunities brought by the linking of China’s Belt and Road Initiative and Mongolia’s Development Road initiative to expand cooperation in various fields and people-to-people exchange, Chinese President Xi Jinping said on Tuesday(Apr 10).

Continue reading Xi, Putin and Battulga meet in June, Qingdao

What is new around China-Mongolia-Russia Economic Corridor

    Beijing, China — Huge clouds of dust have become a regular sight in the Gobi due to the passing of thousands of heavy-duty trucks loaded with coal bound for the China-Mongolia border.  “To earn money, I bought a second-hand truck and hired a driver. I hope to recover its cost within a year,” said Bayanmunkh.B, one of these heavy truck-owners.  “I have chosen the Hangi-Mandal border crossing because it is ten times less congested than the Gashuunsuhait-Gants Mod border crossing.”

 

Screen Shot 2017-11-25 at 4.26.55 PM
Photo by Reuters/Rentsendorj.B

 

“Around 5000 heavy-duty trucks carry coal to the Gashuunsuhait, and sometimes the drivers are stuck for a week at the border zone because of the queue,” said a local police officer Bayarbat.D over the phone. The border can only let 700 trucks through per day. Their target for the incoming year is 3000 trucks per day, according to a Reuters report.

Under the China-Mongolia-Russia Economic corridor, one of the six priority corridors of the Belt and Road Initiative, Mongolia, China, and Russia agreed to fast-track the cross-border shipping of freight. Besides increases in capacity at border checkpoints, there are over 30 other projects lined up within the scope of the program.

 

    The bigger picture is that the China-Mongolia-Russia Economic Corridor is still a conceptual exercise, rather than a physical reality.  After the signing of the agreement on the trilateral economic corridor, 17 months have passed. What progress has there been, if any, on the listed projects during this period?

Continue reading What is new around China-Mongolia-Russia Economic Corridor

Are we asking the right questions?

Nov. 1, 2017, 09:07 AM | Clyde RUSSELL

LONDON, Nov. 1 (Reuters): “The overall picture is that China’s BRI is still largely a conceptual exercise, rather than a physical reality.” according to Reuter report. It might be the right time to think it over… Belt and Road! Only that word can attract all eyes on China. The mass of the forum, which related to China, is trying to draw in ”Belt and Road”. In this week, for instance, “Belt and Road Opportunities for Women Entrepreneurs” forum held in Kathmandu, Nepal, also #BRI is the hot topic during the London Metal Exchange Week, and mining conference in Melbourne too. Are we asking the right questions?

Naanga contributed to this report.

‘The Belt and Road’ Inflight Internet Fund will support inflight internet by 10 billion yuan

The Chinese Government’s Announces its Ambitious Inflight Internet Plan

Oct. 31, 2017, 09:07 AM | PRESS RELEASE PR Newswire

Signing Ceremony
Signing Ceremony, Oct. 9, 2017 (PRNewsfoto/Bluefocus IFEC)

BEIJING, Oct. 31, 2017, /PRNewswire/ –  China’s domestic and foreign airlines plan to launch more than 100 new international routes along the #BeltandRoad Initiative. Meanwhile, newly established ‘The Belt and Road’ Inflight Internet Fund will increase the number of aircraft with in-flight Wi-Fi. The fund’s capital injection is measured ten billion yuan. China now has only 140 Wi-Fi-enabled aircrafts in operation, representing only 6% of the total size of China’s civil aviation fleet, according to the statistics. On the other word, each year nearly 500 million passengers are not connected to the most basic internet services during their flight. So the Chinese government has taken note of this high demand. In this article, you can find the more detailed statistic about Chinese netizens and inflight users.

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