China Continues New Silk Road Development, Xi Visits Pakistan

China continues to develop plans to implement its New Silk Road policy. Specifically, Beijing recently maneuvered to inject approximately $62bn USD into state-controlled “policy banks” in order to further development of the planned trade route. The strategy outlined by the Chinese government includes significant amounts of infrastructure development throughout the region, as well as already-implemented…

China: New AIIB bank is alternative to Western financing

Over the weekend, China unveiled its newest foreign policy initiative: the Asian Infrastructure Investment Bank (AIIB) a multilateral development bank headed by Beijing to provide financing for Asian projects. The AIIB is a clear rival to Western-headed development banks such as the IMF, the World Bank, and the Asian Development Bank, which are all popularly…

China Launches First Leg of New Silk Road Project

China officially launched a behemoth $79.8 billion infrastructure project in its northwestern province of Gansu. The project, while beginning in Gansu, a region of China that shares no land borders with any Central Asian nation, is merely the starting point for a series of large infrastructure development projects which will encompass much of Central Asia.…

Afghan President Visits China to Discuss Trade and Security Cooperation

Afghan President Ashraf Ghani arrived in Beijing yesterday to begin meetings with his Chinese counterpart, Xi Jinping. The recently inaugurated Ghani’s first official trip abroad as Afghanistan’s leading statesman will consist primarily of talks on the future of relations between the two countries. Ghani has made explicit his desire to strengthen relations with Afghanistan’s eastern…