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On December 24th, after six years of construction, the Padma Bridge Railway Link Project, built by a Chinese enterprise, was officially opened to traffic across its entire length. This project represents the largest railway initiative in Bangladesh, spanning 170 kilometers and connecting the capital ... Read More
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On the evening of November 14th, President Xi Jinping and Peruvian President Borualte attended the opening ceremony of Chancay via video conference. Chancay is a key project for China and Peru to jointly build the "the Belt and Road". After listening to the report, the two heads of state issued the ... Read More
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Washington, November 7th (Xinhua) -- The Federal Reserve announced a 25 basis point interest rate cut to 4.50% -4.75% on the 7th, the second time since September that it has cut interest rates, in line with market expectations. The Federal Reserve statement stated that the US economy continues to ... Read More
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The Third "the Belt and Road" Energy Ministers' Meeting released the Green Energy Cooperation Action Plan (2024-2029) in Qingdao, emphasizing the cooperation of member states in improving green energy security in the next five years. Chinese power companies such as Huaneng's Mendy battery energy ... Read More
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The Chinese garden inside the Duisburg Zoo in Germany was built in Wuhan, showcasing the cooperation between friendly cities. As a mode of transportation, the China Europe freight train not only transports garden materials, but also ensures supply chain stability in the context of increasing ... Read More
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On October 6th, the Suez Canal Authority of Egypt issued a statement stating that since the beginning of 2024, the revenue of the Suez Canal has decreased by 60% year-on-year, and the number of transit vessels has decreased by 49%. The chairman of the management bureau pointed out that the tense ... Read More
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In early October, Ningbo Tian'an successfully completed the mobile substation project it undertook for the Middle East region. This project utilizes advanced technology and equipment, aiming to enhance the flexibility and reliability of the local power grid. The successful commissioning of the ... Read More
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As the risk of strikes at ports along the eastern United States and the Gulf Coast of Mexico escalates, several container shipping giants such as MSC, CMA CGM, Hapag Lloyd, and HMM have announced the addition of interruption surcharges and destination port surcharges to cope with potential cost ... Read More
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The Federal Reserve's decision to cut its benchmark interest rate by 50 basis points on September 19th, marking the first reduction in four years, has thrust the Renminbi (RMB) exchange rate into the spotlight. The commencement of a rate-cutting cycle is poised to redirect global capital, which had ... Read More
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Under the Prosperous Trade Partnership Initiative, China has announced a unilateral expansion of market access, granting 100% tariff-free treatment to all 43 least developed countries (LDCs) with which it has diplomatic relations, encompassing 33 African nations, out of a global total of 45 LDCs ... Read More
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