In the early 2000s, in order to reduce the costs of production, a large number of Western companies moved their industrial facilities to regions with an undeveloped market, cheap labor and low industrial costs for environment.
The China-Europe Railway Express (CR Express), which includes rail links connecting Chinese cities and European countries, is an international railway transportation service organized by China Railway.
The SCO was established in 2001 by six Eurasian states (China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan) and has progressed fairly quickly from its inception to become a relatively prominent regional player.
According to the China Geographical Survey, China has successfully mined so-called “flammable ice,” officially known as methane hydrates, in the South China Sea, which is a remarkable event since this is the first case of successful methane extraction from hydrates.
The Trans-Pacific Partnership (TPP) is one of the Obama Administration’s ambitious economic initiatives aimed to form new guidelines to govern trade and investment opportunities among the member countries, namely, Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Me
Between 5-15 March 2017, the annual session of China’s National People's Congress (NPC), which is the highest state institution and legislative body of the People's Republic of China (PRC), took place in China’s capital, Beijing.
Despite the creation of the Eurasian Economic Union (EEU), China remains the major trade partner of Kazakhstan. Within the “One Belt, One Road” (OBOR) Initiative, the two countries are developing infrastructure facilities for bilateral trade.