Month: December 2017

Railway Diplomacy: How ‘China is Building Routes in All Possible Directions’

Beijing has stepped up its "railway diplomacy" by boosting its infrastructural projects simultaneously on three continents. Speaking to Sputnik, analysts highlighted China's competitive advantages and shed light on the obstacles the People's Republic is facing while implementing its initiatives China continues to push ahead with a "railway diplomacy," implementing its high-speed train technologies simultaneously in Asia, Africa, Latin … Continue reading Railway Diplomacy: How ‘China is Building Routes in All Possible Directions’

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As global power shifts, Japan mulls new alliances and weapons

As it shifts away from pacifism, Tokyo hopes to leverage the technological edge of native defense contractors to piggyback new missiles and fighters off US systems By Doug Tsuruoka   Japan and the United Kingdom fought ferocious naval battles in World War II, but bygones are bygones: The two island democracies are planning joint naval … Continue reading As global power shifts, Japan mulls new alliances and weapons

Nikkei’s 2017 rally papers over missing link: wage growth

Little is afoot in Tokyo to create the sustainable domestic demand-led growth that has eluded the Japanese economy for two-plus decades By William Pesek   If we can discern a “Trump Doctrine” one year in, it’s that a surging stock market absolves all manner of sins. As Russia probes heat up, indictments fly and Donald … Continue reading Nikkei’s 2017 rally papers over missing link: wage growth

US$1.6 billion ship deal will put Russian LNG on fast track to China

China LNG, Teekay LNG JV to finance 6 carriers   A joint venture between China LNG shipping and Teekay LNG has reportedly signed a US$1.6 billion deal to finance six LNG carriers, which will service Russia’s Yamal LNG project. The carriers, currently being built by South Korea’s Daewoo, can operate the northern route from the … Continue reading US$1.6 billion ship deal will put Russian LNG on fast track to China

China’s $900 billion New Silk Road. What you need to know

Anna Bruce-LockhartEditor, World Economic Forum   You’ve probably heard of the Silk Road, the ancient trade route that once ran between China and the West during the days of the Roman Empire. It’s how oriental silk first made it to Europe. It’s also the reason China is no stranger to carrots. And now it’s being … Continue reading China’s $900 billion New Silk Road. What you need to know