One Belt One Road

Pakistan’s Central Bank Allows Yuan Use to Settle Trade With China

Pakistan’s Central Bank Allows Yuan Use to Settle Trade With China

State Bank of Pakistan, the Islamic republic’s central bank, will permit the use of yuan as the settlement currency in trade with China it announced, Xinhua News Agency reported.

Jan 3, 2018
Xu Wei
CRCC Wins USD1.5 Billion Railroad Reconstruction Project in Bangladesh

CRCC Wins USD1.5 Billion Railroad Reconstruction Project in Bangladesh

A subsidiary of China Railway Construction Corp. (CRCC) has received an order for a meter gauge railway reconstruction project in Bangladesh with a contract value of USD1.5 billion.

Dec 29, 2017
Tang Shihua
Chinese Road Maker to Rebuild Stretch of Key Cambodian Highway

Chinese Road Maker to Rebuild Stretch of Key Cambodian Highway

Guangdong Provincial Changda Highway Engineering Co. has penned a deal with the Cambodian Ministry of Public Works and Transports to rebuild a 107-kilometer stretch of National Highway 7.

Dec 29, 2017
Liao Shumin
China’s Fujian Signs Belt and Road MOU With Czech Olomouc Region

China’s Fujian Signs Belt and Road MOU With Czech Olomouc Region

A Czech delegation led by Olomouc Region Vice Governor Pavel Soltys met with Li Dejin, Fujian province vice governor, to sign…

Dec 28, 2017
Liao Shumin
Russia Tops Trade Volumes at China’s Largest Land Port After Sharp Rise in FDI

Russia Tops Trade Volumes at China’s Largest Land Port After Sharp Rise in FDI

Manzhouli Port, the largest land port in China, handled CNY34 billion (USD5 billion) worth of imports and exports in the 11 months through November, and Russia hogged the majority of trade volume.

Dec 28, 2017
Xu Wei
China, Pakistan, Afghanistan Will Talk on Extending CPEC to the Lattermost

China, Pakistan, Afghanistan Will Talk on Extending CPEC to the Lattermost

China, Pakistan and Afghanistan agreed to discuss ways to extend the China-Pakistan Economic Corridor (CPEC) to Afghanistan, Chinese Foreign Minister…

Dec 27, 2017
Xu Wei
China Railway Pens USD1.3 Billion Deal in Bangladesh Under Belt and Road Initiative

China Railway Pens USD1.3 Billion Deal in Bangladesh Under Belt and Road Initiative

A unit under state-owned China Railway Construction Corp. has struck a CNY8.5-billion (USD1.3-billion) deal in central Bangladesh to build a…

Dec 22, 2017
Tang Shihua
Russia, China Plan New Railway Transport Corridor to Vietnam

Russia, China Plan New Railway Transport Corridor to Vietnam

Russia and China are planning a new railway link which will connect north and southeast Asia in what could be…

Dec 19, 2017
Xu Wei
Chinese-Built Nairobi Inland Container Port Officially Opens

Chinese-Built Nairobi Inland Container Port Officially Opens

The opening ceremony of the Nairobi Inland Container Depot built by China Road and Bridge Corp. took place Dec. 16 in the Kenyan capital of Nairobi, state-run Xinhua News Agency reported.

Dec 18, 2017
Xu Wei
Shougang Will Sell Malaysian Project, Exiting Its First Overseas Steel Venture

Shougang Will Sell Malaysian Project, Exiting Its First Overseas Steel Venture

A Shougang Group unit will sell equity stakes and creditors’ rights relating to Eastern Steel Sdn Bhd, a sign that…

Dec 18, 2017
Liao Shumin
Jianglong Shipbuilding Inks USD26 Million Deal to Make 10 Boats for Nigerian Coastguard

Jianglong Shipbuilding Inks USD26 Million Deal to Make 10 Boats for Nigerian Coastguard

Jianglong Shipbuilding Co. [SHE:300589] plans to build ten 35-meter aluminum alloy coastguard vessels for Nigeria’s Ocean Marine Solutions Ltd., which…

Dec 18, 2017
Tang Shihua
Chinese Construction Company Signs USD145 Mln Contract to Build Power Transmission Line in Zimbabwe

Chinese Construction Company Signs USD145 Mln Contract to Build Power Transmission Line in Zimbabwe

China CAMC Engineering Co. [SHE:002051], a subsidiary of China National Machinery Industry Corporation, will build a 300 kilometers long new…

Dec 18, 2017
Tang Shihua

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