Posts Tagged new silk road

China signs US$5.5bn in African rail deals

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CHINESE STATE-OWNED rail company, China Railway Construction Corp (CRCC), has announced that is has signed two contracts in Nigeria and Zimbabwe, worth a total of US$5.5bn. The two projects include an intercity rail line worth US$3.5bn in Nigeria, the Nigeria Ogun State Intercity Mass Transit Project which will be 334km long, and feature a designed […]

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Space-age New Silk Road to be underpinned by fibre-optics

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THE DEVELOPMENT OF China’s New Silk Road initiative has been boosted by the plans for satellite receiving stations, and the expansion of fibre-optic cables along the route. Presented as China’s outward investment programme since Xi Jinping’s speeches on regional development in 2013, the New Silk Road continues to receive significant coverage in China. There are […]

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Yiwu to Madrid, the world’s longest train journey

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CHINA HAS PLAYED a significant role in sending goods by rail from Yiwu to Madrid, the world’s longest train journey. The feat came during the same week as a new high-speed railway line opened between Shanghai and Guangzhou. Called “Yixinou”, the train carrying 40 containers left Yiwu on 18th November, and arrived in Madrid on […]

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Alibaba bringing e-commerce to the New Silk Road

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ALIBABA, China’s E-COMMERCE pioneer that raised US$25bn when it listed on the NYSE in September 2014, has announced plans to gain a strong position on the New Silk Road. Signing agreements with Gansu province, Ningxia province and Xinjiang autonomous region, Alibaba intends to continue its reach across China’s e-commerce market. The plans also involve cloud […]

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