By F. William Engdahl I know of no comparable global Great Project to equal what is now unfolding, bit-by-bit, as China reveals more about her Silk Road Economic Belt high-speed railway infrastructure network. And it’s now clear that the road will be filled with entire new cities, industrial zones, construction, improving standards of living for hundreds … Continue reading
India is “about to takeoff” with economic growth seen around 8 to 8.5% in the fiscal year that is about to start in April, and as aiming for double-digit economic growth now seems feasible, according to India’s Finance Minister Arun Jaitley, Reuters reports. Jaitley, presenting the Indian government’s full-year budget on Saturday in Parliament, announced a budget that … Continue reading
Russia is considering the idea of granting Chinese Investors over 50 percent share in strategic oil and gas fields, except for offshore, Russian Deputy Prime Minister Arkady Dvorkovich said on Friday, according to a report from TASS. “If there is a request from China, we will seriously consider it. And I see no political obstacles at the moment,” … Continue reading
A cargo train has just completed its maiden round trip journey of 16,156 miles on the world’s longest railway line that connects China to Spain and hopes are high that the new rail link will boost trade, according to an article on The Independent. The new Yixin’ou rail line spans from China and runs through Kazakhstan, Belarus, … Continue reading
The Russian Chamber of Commerce has set up recently a special Council for Cooperation with North Korea. The new arrangement is supposed to increase trade between the two nations to $1 billion a year by 2020. Moscow will allow North Korean firms to set up bank accounts in Russia while in exchange, Russia will gain … Continue reading