Eurasia

23.06.2022

Chinese, Russian companies pursue rising yuan trade settlements

Traders see a growing potential for local currency settlements in trade, especially between China and Russia under the BRICS (Brazil, Russia, India, China and South Africa) framework, as the countries are seeking alternatives to chip away at dollar dominance.While the US dollar hegemony continues to shadow world trade, closer economic...

Traders see a growing potential for local currency settlements in trade, especially between China and Russia under the BRICS (Brazil, Russia, India, China and South Africa) framework, as the countries are seeking alternatives to chip away at dollar dominance.While the US dollar hegemony continues to shadow world trade, closer economic...

23.06.2022

New China-Turkmenistan natural gas field put into operation

A new natural gas project between China and Turkmenistan has begun operations, which is set to further boost bilateral economic ties in areas including energy and infrastructure, help ensure China's energy supply amid rising energy prices and diversify China's sources of energy imports against the backdrop of global uncertainties.

A new...

A new natural gas project between China and Turkmenistan has begun operations, which is set to further boost bilateral economic ties in areas including energy and infrastructure, help ensure China's energy supply amid rising energy prices and diversify China's sources of energy imports against the backdrop of global uncertainties.

A new...

23.06.2022

Ningxia launches first intermodal freight train to Iran via Caspian Sea

Northwest China's Ningxia Hui Autonomous Region launched the first sea-rail intermodal freight train to Iran on Monday, forming a new international logistics channel via the Caspian Sea.

The new line, combined with other China-Europe freight rail routes, will contribute to building a global transportation network covering sea, rail and road transport.

The...

Northwest China's Ningxia Hui Autonomous Region launched the first sea-rail intermodal freight train to Iran on Monday, forming a new international logistics channel via the Caspian Sea.

The new line, combined with other China-Europe freight rail routes, will contribute to building a global transportation network covering sea, rail and road transport.

The...

20.06.2022

Shanghai Cooperation Organisation establishes economic cooperation zones

The Shanghai Cooperation Organisation (SCO) has been setting up, as part of its trade remit, development zones, with one of the first being sited in Qingdao.

The SCO is a Eurasian regional bloc that currently includes as full members, China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan, while Iran...

The Shanghai Cooperation Organisation (SCO) has been setting up, as part of its trade remit, development zones, with one of the first being sited in Qingdao.

The SCO is a Eurasian regional bloc that currently includes as full members, China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan, while Iran...

20.06.2022

China-Central Asia pipeline transports over 400b cubic meters of natural gas

The China-Central Asia Gas Pipeline has delivered more than 400 billion cubic meters of natural gas to China over a period of more than 12 years, according to PipeChina West Pipeline Company.

The pipeline helped replace the use of 532 million metric tons of coal during this period, equivalent to the...

The China-Central Asia Gas Pipeline has delivered more than 400 billion cubic meters of natural gas to China over a period of more than 12 years, according to PipeChina West Pipeline Company.

The pipeline helped replace the use of 532 million metric tons of coal during this period, equivalent to the...


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