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Tag Archives: CHINA

Italy to join China’s BRI – Concerns raised by US & EE

Italy is already in advanced discussions with China in order to join Belt and Road Initiative (BRI) project. President Xi Jinping is to visit Rome later this month, where he is expected to sign a joint document with Italy on BRI partnership. Italy is seeing its participation in the BRI …

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US-China trade deal: The possible results

After the announcement of US government that it will delay the tariffs increase, hopes for a trade deal between the two global giants are rising. A possible trade agreement will be probably reached at the next meeting between the two countries’ leaders. Which will be the results of a possible trade …

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China to strongly support Colombo port

The state-owned Sri Lanka Ports Authority said on Thursday, March 14, that it would purchase three ship-to-shore gantry cranes from China for its deep water terminal at the Colombo Port to handle bigger container ships. The Government Information Department said the government had approved a proposal by Minister of Ports, …

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China, Sri Lanka jointly develop green BRI projects

“The sediment barriers are just like the Great Wall on the water. This is truly of great wisdom,” a Sri Lankan engineer exclaimed after seeing the sediment barriers built around the Colombo Port City to stop the flying sand enter into the city when the Port City’s land reclamation was …

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Asia to US box movement slows down

According to U.S. research company Descartes Datamyne, container movement from Asia to USA fell in February for the first time in 24 months. Boxes to the U.S from 10 Asian countries and regions decreased by 5.5%, which translates to 1.235.684 TEUs in February. It’s a result of the trade war …

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Positive forecast of China’s foreign trade

China’s foreign trade growth will be backed by a wide range of trading partners and a resilient import and export structure, and a domestic market with growing demand in 2019, despite some uncertainties remaining in the global outlook, said political advisors and legislators from business circles. Their comments came after …

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Taiwan-China: Cross-strait box traffic swells

Containers traded directly between Taiwan and China increased 5.02% from a year earlier to 226,685 TEUs in January, according to statistics compiled by Taiwan’s Ministry of Transportation and Communications (MOTC). Looking at container throughput at major ports in Taiwan, Keelung handled 54,976 TEUs, up 5.18%; Kaohsiung, 115,656 TEUs, up 0,86%; Taichung, …

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Duisport grows its China relations – container volumes remain stable

In 2018, container handling volumes at Duisburger Hafen AG (duisport) remained at the record level of the previous year (4.1 million TEU). With a share of around 55 percent, container handling is the most important duisport goods segment. Total handling volumes, on the other hand, declined from 68.3 million tonnes …

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TransContainer is developing a new route from Russia to China

The first test batch (31 containers) was sent in February from Kleshchikha station through the Makhalino – Hunchun border crossing. Trains in this direction can become a regular service, which in the same way as a route through Zabaykalsk-Manchuria will connect Russia and China directly. Since August 2018, transportation through the …

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New Silk Road: How the largest infrastructure project ever is changing the world

Hapag-Lloyd’s article: The Chinese plan to spend around $1 trillion on their “Belt and Road Initiative” in order to expand and control the transport routes for Chinese export goods. There is still a lot of potential for growth, particularly on overland routes. But it is meeting with some resistance. “Yi …

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