RMB Yuan vs the US Dollar: What Does the Trend Spell for the Greenback’s Dominance?
China’s yuan is gaining global momentum as Russia is set to use the currency in settlements with other world economies, while Brazil and China are ditching the dollar in bilateral trade. Chris Devonshire-Ellis was interviewed by Sputnik News in Moscow on Saturday along with Sergio Rossi, Professor of Economics at the University of Fribourg, Switzerland, […]
China’s 2023 Government Work Report: Highlights from the Two Sessions
We discuss the policies and targets for tax, foreign investment, consumption, healthcare, and more outlined in the 2023 Government Work Report.
Zelenskyy Invites Xi Jinping To Ukraine
By Chris Devonshire-Ellis Kyiv owes Beijing money for stalled BRI projects and will need to offer more than requests for financial assistance and tours of bombed-out buildings. The Ukrainian President, Volodymyr Zelenskyy, has invited the Chinese President Xi Jinping to visit Ukraine. At this moment, Beijing has yet to respond, however, Xi appears unlikely to […]
Belt And Road Weekly Investor Intelligence #126
Tuesday, March 28, 2023 Compiled by Chris Devonshire-Ellis Last week’s Xi-Putin summit has immediately ushered in substantial global dialogue in reconstructing a ‘new world order’ to which the collective West has not been privy. Enhanced cooperation between the SCO, EAEU, CIS, and a rapidly developing BRICS+ could well be a harbinger of ‘global çhanges’ – […]
The Putin-Xi Summit – Their Joint Statement and Analysis
Russia and China take steps to usher in a multipolar world and provide a partial road map.
Ukraine Charge D’Affairs Visits Center for China and Globalization in Beijing
By Chris Devonshire-Ellis Zhanna Leshchynska, Charge d’Affaires of Ukraine in China, and Valerii Bronskykh, First Secretary of the Political Section of the Ukrainian Embassy in Beijing, visited the Center for China and Globalization (CCG) last week. They met with Henry Huiyao Wang, President of the CCG, Sharon Haiyu Xu, Deputy Secretary-General of the CCG, and […]
Belt And Road Weekly Investor Intelligence #125
Tuesday, March 21, 2023 Compiled by Chris Devonshire-Ellis The leading event this week is the ongoing Russia-China summit being held in Moscow; we identify the key issues that are on the agenda. We look at how China’s economy fared in the first two months of 2023 and examine China’s bilateral trade with Kazakhstan and Ukraine. […]
The Putin-Xi Moscow Summit: What Will Be Discussed
In the coming Putin-Xi summit, regional security, energy, trade, infrastructure development, and new financial payments systems are all likely to be covered, in addition to the Ukraine issue.