China presents brilliant anti-graft record to the world
By Lin Xuedan from People’s Daily Since Xi Jinping was elected as General Secretary of the Communist Party of China (CPC) Central Committee at the 18th CPC National Congress in November 2012, China’s anti-graft campaign has not only drawn wide attention from its own people, but also become the spotlight of foreign media. The CPC […]
Joint venture in Uzbekistan: A beneficial way of Korean investments
The relationship between Uzbekistan and South Korea, has resulted in a wide range of bilateral political and economic cooperation. Based on mutual interests, Korean investments into Uzbekistan’s economy exceeds $7 billion in the sectors of trade, communications, energy, light industry, pharmaceuticals, mining, production of petrochemicals, electronic products, and building materials. This figure explains the full […]
China’s outbound investment maintains relatively high growth
Zhang Huizhong – People’s Daily China reported a non-financial outbound direct investment (ODI) of 53.27 billion RMB ($7.73 billion) in January this year, reaching 983 overseas enterprises in 108 countries and regions, said the latest data released by the Ministry of Commerce (MOC). Compared with last year, China’s total outbound investment, with an optimized structure, […]
Korean presidential scandal: Dynamics of Corruption
Mahatma Gandhi said, “The world has enough for everyone’s need, but not enough for everyone’s greed.” However, Indian politicians are bent upon proving Gandhi wrong. They continue to vie with each other in amassing wealth by using every tool in the rule book. Throughout human history, the rich and powerful have succumbed to greed and […]
Kazakhstan ups 2017 oil output forecast
Kazakhstan revised up oil output forecast for 2017 to 81 million tons, National Economy Minister Timur Suleimenov said at a meeting on outcomes of 2016 and priorities for 2017, the Economy Ministry said on Feb. 23. Earlier, Kazakhstan forecast the 2017 oil output at 79.5 million tons. In 2016, Kazakhstan’s oil and gas condensate production […]
Toward a new equilibrium in Kyrgyz-Russian relations
“Touring Central Asia…” is what has been named of President Vladimir Putin’s scheduled trip to the capitals of Central Asia. He will visit Tajikistan and Kyrgyzstan and perhaps, Kazakhstan and Uzbekistan. Moscow has close political and economic ties with each of these four republics. But of course, there are still unresolved issues. Experts say that […]
Success story of a not-cotton-growing Uzbek farmer: 10 millions USD annual export
Implementation gradual reduction of production raw cotton from 3 million 350 thousand tons to 3 million tons in Uzbekistan is freeing up about 170,500 hectares of irrigated land, which is leading to the result that fruit and vegetables are being sown and planted on unleashed cotton fields. The same agricultural modernization can be seen in […]
74 new airports to be completed by 2020 in China
China is aiming to have 74 more civil transport airports by 2020, according to a report released by the Civil Aviation Administration of China (CAAC). The report provides the blueprint and sets the goals for the development of China’s civil aviation industry during the country’s 13th Five-Year Plan (2016-2020) period, which outlines the government plans […]
Georgia strengthens Silk Road economic links
On 16 January 2017 Georgian Economy Minister Giorgi Gakharia signed a Memorandum of Understanding (MoU) on “Strengthening the New Silk Road Initiative” with Zhang Yuzhou, CEO of CEFC China Energy Company Limited. The corporation has a business interest in energy and financial services and intends to purchase 75 percent of shares in Poti Free Industrial […]
Kyrgyzstan and EU plan to sign new co-op agreement
Kyrgyzstan may sign a new agreement on cooperation with the European Union next week, head of the EU Delegation to Kyrgyzstan, Cesare de Montis said at the press-conference Feb. 9, TASS reported. The agreement is expected to be signed within Kyrgyz President Almazbek Atambayev’s official visit to Brussels on February 16 and will replace a […]
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