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  • gioaragno 11:08 am on March 11, 2019 Permalink | Reply
    Tags: BRI, italy   

    Italy set to endorse BRI 

    Italy is set to endorse BRI, setting a clash with the US as well as Brussels
  • gioaragno 3:26 pm on February 28, 2019 Permalink | Reply
    Tags: BRI   

    10 Facts about BRI 

    Summing up some basic but relevant stuff about BRI:

    1. The belt’s full title is the ‘Silk Road Economic Belt’, and is named after the original Silk Road established during the Han dynasty (270-220 BCE), which was the second imperial dynasty of China.

    2. The belt will range from Zhengzhou, an industrial city in the South of China, to multiple points around Central Europe, including Rotterdam, Hamburg and Prague.

    3. A new inland terminal, the largest in Europe, is now operational in Duisburg as part of the Silk Road Economic Belt, and serves as a trade gateway to Europe

    4. The belt is made up of several overland corridors, which will connect China and Europe by moving goods through Central Asia and the Middle EastR

    5. Trains operating on the belt can travel up to 9,800 miles, and will continue to run even in extreme weather.

    6. Multiple rail networks feed into the belt from Asia and Europe, including trade routes from Beijing and Harbin in China, and rail links from Madrid in Spain.

    7. As covered in a recent article on Port Technology, China has also invested in Djibouti as part of the BRI strategy, updating rail networks at the country’s ports in an effort to spread its influence.

    8. Some of the economic corridors planned, as part of the strategy, run through disputed territory. This includes one route through the Kashmir, hotly contested by India and Pakistan.

    9. The China-Pakistan economic corridor will receive $46 billion in investment, to build infrastructure projects like new roads and bridges.

    10. Rail is viewed as an attractive option, as with rail volumes growing there will be a subsequent decrease in costs

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