The Belt and Road Initiative is China’s ambitious project to boost trade and infrastructure investment in about 90 countries along the ancient Silk Road trade routes from Asia to Europe and Africa. At the Belt and Road International Summit held in Beijing in early June, Siemens presented the opportunities created by China’s Belt and Road Initiative On the sidelines of the Belt and Road International Summit held by Siemens AG in Beijing in early June, VIR’s Bach Quang spoke to Cedrik Neike, Siemens AG board member, on business opportunities for the German firm from the initiative engagement. Siemens has just entered into more than ten agreements with Chinese partners to explore opportunities from the Belt and Road Initiative (BRI). How are the deals going? Cedrik Neike BRI is all about infrastructure and bridge building. It is about bridges connecting societies, economies, and cultures, but also about bridges between the physical infrastructure and … [Read more...] about Siemens takes the world on the “digital silk road”
China silk road
EU warns UK-centered China import scam may shift to Europe's "Silk Road" BRUSSELS (REUTERS) - European Union anti-fraud investigators suspect Greece and Hungary may have become the main EU centers of a multi-million-euro scam involving imports of Chinese clothing and footwear that uses the infrastructure of China's new "Silk Road". The large-scale fraud, which involves underdeclaring the value of imported goods to pay lower duties and sales taxes, was first uncovered in Britain, where it had gone on for years, prompting the European Commission this year to demand that London pay 2.7 billion euros (US$3.1 billion) in lost customs duties to the EU budget. Officials at the EU anti-fraud agency OLAF said they now suspected the scam could have shifted to Hungary and to the port of Piraeus in Athens, which has been majority-owned by China's state-owned COSCO Shipping since 2016. Hungarian and Greek customs data show a surge of undervalued clothing and footwear imports from China over the … [Read more...] about EU warns UK-centered China import scam may shift to Europe’s “Silk Road”
VietNamNet Bridge – The so-called “Silk Road Initiative” in the East Sea is part of China’s three-direction tactic, analyzed by Dr. Nguyen Hong Thao, a senior expert on the East Sea issues. The initiative is aimed at three goals: 1) to support the production network across the region, to boost trade and improve the role of China as an investment opportunity, a capital source in the eyes of ASEAN, 2) to expand and link seaport systems, 3) to strengthen the role of overseas Chinese communities and 4) to enhance reliability in order to help ease tension in the region related to territorial disputes and sensitive historical issues. In July 2014, according to Chinese sources, Hainan province tried to register the "Maritime Silk Road" with UNESCO, and planned to excavate the wrecks at "archaeological sites" around the islands of Hoang Sa Archipelago (Paracel Islands) in the next two years. China also said that since 1990, they had been implementing this project … [Read more...] about Is China’s Silk Road Initiative an interest in the East Sea?
China has recently accelerated archaeological exploration in the East Sea in order to support its seeking of the UNESCO’s world heritage title for the "Silk Road on the Sea". If UNESCO recognizes the "Silk Road on the Sea" as China’s world heritage, Vietnam's sovereignty in the East Sea will be affected, said Dr. Nguyen Tan Anh, Director of the UNESCO Centre of Science, Technology and Investment, in an interview with VietNamNet. relate news Is China’s Silk Road Initiative an interest in the East Sea? China wants to conserve even Vietnam’s heritage? What do you think about the “trick” of world heritage registration of China? The world has had similar precedent. For example, the border and Preah Vihear temple dispute between Thailand and Cambodia took place for a long time. In 2007 Cambodia applied for UNESCO’s recognition of the Preah Vihear Temple as the World Heritage. On June 7, 2008, the World Heritage Committee of UNESCO met … [Read more...] about East Sea: Behind China’s Silk Road Initiative
PANO - Iain Finlay and Trish Clark, the co-authors of the book "Good morning Hanoi", which was made public three years ago, have returned to Vietnam for another journey - "Along the iron silk road". The journey is the basis for their next book, which will introduce readers to the mysterious silk road between Istanbul (Turkey) and Xian (China). "There have been some proposals to establish four railways, mainly for freight transport, to connect Europe and Asia, and now here we are in Vietnam, one of the links in Southeast Asia," said Iain Finlay. It might take them five months to travel the historic silk trading route, but instead of using horses as in ancient time, they will travel by trans-continental rail. During the journey, diverse stories about different lands and people will be recorded and compiled for readers. "We have been on our way for a month, starting from Singapore to Kuala Lumpur, Bangkok, Phnom Penh, Ho Chi Minh City and now Hanoi," said Trish Clark. Coming back … [Read more...] about Along the iron silk road