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

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Silk Road fever grips the Russian Far East and boosts economy

China's Belt and Road Initiative heralds a new era with mega infrastructure projects dotting the landscape By Pepe Escobar If  you are looking for the latest breakthroughs in trans-Eurasian geoeconomics, you should keep an eye on the East – the Russian Far East. One interesting project is the new state-of-the-art $1.5 billion Bystrinsky plant. Located about 400 kilometers … Continue reading Silk Road fever grips the Russian Far East and boosts economy

China and India sail into choppy waters in New Great Game

This shadow play is a heady vortex, churning with power projections, spheres of influence, security and commerce By Pepe Escobar The New Silk Roads, known as the Belt and Road Initiative (BRI), will weave and interconnect six major economic corridors. At 12,000 kilometers, the Eurasia Land Bridge Economic Corridor is a rail network from eastern China … Continue reading China and India sail into choppy waters in New Great Game

New China-Russia CR929 plane will depend on Russian technology

The passenger jet, which the PLA may well adapt for military use, is likely to draw on expertise from the Russian side, some of it dating back to the Soviet era Efforts by Beijing and Moscow to develop a wide-body passenger jet known as the CR929 are reportedly off to a good start following the … Continue reading New China-Russia CR929 plane will depend on Russian technology

The $10 Trillion Investment Plan to Integrate the Eurasian Supercontinent

  The Chinese Belt and Road Initiative (BRI), by lending out money using an alternative currency to the dollar, opens up huge spaces for investment and the strategic transformation of the region FEDERICO PIERACCINI   The overland integration of the BRI, led by China and Russia, aims to create different transit routes for goods as well as different … Continue reading The $10 Trillion Investment Plan to Integrate the Eurasian Supercontinent