China, Pacific

20.01.2020

China drops $11bn anchors to expand Maritime Silk Road

Chinese companies have poured nearly $11 billion into overseas ports during the past decade, gaining access to strategic maritime hubs as part of its Belt and Road initiative, an aggressive investment campaign that has raised concerns about Beijing's growing clout across the world. 

Chinese enterprises have invested in 25 port projects in 18 countries from 2010 through...

Chinese companies have poured nearly $11 billion into overseas ports during the past decade, gaining access to strategic maritime hubs as part of its Belt and Road initiative, an aggressive investment campaign that has raised concerns about Beijing's growing clout across the world. 

Chinese enterprises have invested in 25 port projects in 18 countries from 2010 through...

20.01.2020

China’s booming new Silk Road trade hits $1.34 trillion

China’s trade with countries participating in its ambitious Belt and Road Initiative (BRI) has been expanding and totaled 9.27 trillion yuan ($1.34 trillion) in 2019, customs data shows.

It has outpaced the country’s aggregate trade growth by 7.4 percentage points, according to the data.

More than $60 billion in investments have been...

China’s trade with countries participating in its ambitious Belt and Road Initiative (BRI) has been expanding and totaled 9.27 trillion yuan ($1.34 trillion) in 2019, customs data shows.

It has outpaced the country’s aggregate trade growth by 7.4 percentage points, according to the data.

More than $60 billion in investments have been...

20.01.2020

China's top economic planner approves investment projects worth 194 bln USD in 2019

China's top economic planner said Sunday that it has approved 157 fixed-asset investment (FAI) projects with combined investment totaling 1.33 trillion yuan (about 194 billion U.S. dollars).

A large part of the investment has gone into transportation and energy projects, according to Meng Wei, a spokesperson with the National Development and...

China's top economic planner said Sunday that it has approved 157 fixed-asset investment (FAI) projects with combined investment totaling 1.33 trillion yuan (about 194 billion U.S. dollars).

A large part of the investment has gone into transportation and energy projects, according to Meng Wei, a spokesperson with the National Development and...

20.01.2020

China's fixed-asset investment increases steadily in 2019

China's fixed-asset investment (FAI) expanded steadily in 2019 with investment in high-tech industries leading the growth, official data showed Friday.

The FAI increased 5.4 percent year on year to 55.15 trillion yuan (8.02 trillion U.S. dollars) last year, 0.2 percentage points higher than the level recorded in the first 11 months,...

China's fixed-asset investment (FAI) expanded steadily in 2019 with investment in high-tech industries leading the growth, official data showed Friday.

The FAI increased 5.4 percent year on year to 55.15 trillion yuan (8.02 trillion U.S. dollars) last year, 0.2 percentage points higher than the level recorded in the first 11 months,...

20.01.2020

China's economy expands 6.1 pct in 2019

China's economy grew 6.1 percent year on year in 2019, within the government's annual target of 6 to 6.5 percent, the National Bureau of Statistics (NBS) said on Friday.

The reading was lower than the 6.6-percent growth registered in 2018.

Growth in the fourth quarter came in at 6 percent, the same...

China's economy grew 6.1 percent year on year in 2019, within the government's annual target of 6 to 6.5 percent, the National Bureau of Statistics (NBS) said on Friday.

The reading was lower than the 6.6-percent growth registered in 2018.

Growth in the fourth quarter came in at 6 percent, the same...


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