The trillion-dollar “Belt and Road Initiative” announced by the People’s Republic of China in 2013 envisioned railroads and highways linking the PRC with northwestern Europe and Scandinavia. Few noticed that the “Road” referred to a maritime road connecting ports from Shanghai to Rotterdam. Nor was it clear in 2013 that China would be investing in, or purchasing outright, European cargo terminals. Greece Is A Test Case Chinese companies now hold ownership stakes in 13 European ports. Three Chinese companies, COSCO Shipping Ports, China … [Read more...] about Chinese Investment In European Ports
China’s foreign ministry announced that they would be open to talks about trade, one day after Beijing announced that business and trade deals would be scrapped if the United States decided to enforce tariffs on China. The United States and China have been going back and forth on the subject of tariffs, which could amount to more than $150 billion for each country if the tariffs go into effect. Past negotiations Secretary of Commerce for the United States, Wilbur Ross, met in Beijing on Sunday. He failed to make a public statement … [Read more...] about China Affirms Willingness to Talk Trade with U.S.
Introduction China is one of the world's largest consumers of energy and natural resources. That being said, China is taking large steps to cause its energy to be produced in more environmentally friendly ways. It is beginning to invest hundreds of billions of dollars to promote the use of clean energy. Why Now? China is advancing toward clean energy at an increased rate for several reasons. First, the clean energy market is currently very popular. Within the last few years, there have been many different research studies that prove the … [Read more...] about China’s Clean Energy Advancements Quicken