The volume of EU-China cargo traffic traveling the Eurasian Economic Union’s (EAEU) railways is growing rapidly, a trend that is likely to continue in the short term. However, according to a new report by the Eurasian Development Bank’s Centre for Integration Studies, the EAEU and its neighboring countries will need to further expand transport infrastructure and remove a number of barriers to keep the momentum going.
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The World Bank’s annual Private Participation in Infrastructure (PPI) report tracks private investment in infrastructure projects globally. In 2017, both the total amount of private investment commitments and the number of countries receiving them increased from the previous year. Here are a few key numbers from the 2017 PPI report.
Quotes and Quotas is a weekly digest of powerful phrases and facts that help explain Asia’s infrastructure push. Road safety is a global challenge, as demonstrated in this CSIS report. Its effects are acutely felt in low- and middle-income (LCIM) countries, which now witness the majority of global road deaths. A new report, released by…
Quotes and Quotas is a weekly digest of powerful phrases and facts that help explain Asia’s infrastructure push.
From October 18 to 25, China held its 19th Party Congress in Beijing, an event scheduled twice each decade to elect party leadership and set the party’s policy agenda. In a surprise move, the Congress announced its decision to include new language enshrining President Xi Jinping’s flagship foreign policy initiative, the “Belt and Road” (BRI), in its constitution. The following quotes related to the Belt and Road are drawn from Xi’s opening remarks.