BELT AND ROAD FORUM 2023
In India, road accidents claim 19 lives every hour. Can AI make driving safer?
Startups are using AI tools to analyse driver behaviour in an effort to make the operations of fleet operators easier.
Chinese premier in Malaysia to push east coast rail link
Chinese Premier Li Qiang, who is on a three-day visit to Malaysia, said Wednesday the plan would make the central line of a proposed Pan-Asia Railway, running from Kunming in China to Singapore, a reality. "This will better promote the construction of new international land and sea trade corridors, enhance regional connectivity, and deepen the building of the ASEAN community," Li said.
Pakistan PM Shehbaz Sharif in Beijing for talks with President Xi to seek more investments, elevate ties
Visiting Pakistan Prime Minister Shehbaz Sharif has reached Beijing for talks with Chinese President Xi Jinping and other leaders to elevate all-weather bilateral ties and prospects of more aid and investments to bail out his cash-strapped country from the current economic crisis. Sharif, on a five-day official visit to China since June 4, toured the southern high-tech city of Shenzhen on Wednesday and addressed the investors meeting.
ET Road Safety & Safer Mobility Forum 2024: Steering a smarter, safer, and sustainable supply chain by accelerating safety tech in logistics
The ET Road Safety & Safer Mobility Forum 2024 gears up for its third roundtable, focusing on ‘Enhancing Safety Standards in Modern Logistics and Supply Chain.’ This session will put intelligent AI solutions in the spotlight, showcasing how they can revolutionise safe practices within the ever-evolving logistics landscape. By prioritising both road and fleet safety, the forum aims to create a more secure and efficient supply chain ecosystem.
Post-COVID, China is back in Africa and doubling down on minerals
Chinese overseas investment, with a focus on minerals extraction in Africa, is rebounding post-pandemic. However, the relationship remains extractive, not fully aligned with the Belt and Road Initiative's goals outlined by President Xi Jinping.
View: Chabahar, port of a smart call
Investing in Chabahar presents its own set of obstacles. The progress in the region has been hindered by US sanctions over the years. Since 2018, India has refrained from importing significant amounts of heavy Iranian crude and faced challenges in providing financial aid for the construction of the Chabahar-Zahedan railway in 2020 due to sanctions. Energy trade has long been the cornerstone of India-Iran relations, and this shift has temporarily strained bilateral ties.
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ET Road Safety & Safer Mobility Forum: Experts spotlight strategies for elevating employee well-being and operational efficiency in transportation
Global road fatalities dropped by 5%, but India saw a 15% rise. The ET Road Safety & Safer Mobility Forum discussed safety culture and technology's role in employee transportation. Leaders emphasized driver safety, tech integration, and collaborative efforts for a safer future.
Sri Lankan PM says direct private investment from China welcome
Sri Lankan PM welcomes Chinese investments in various sectors, including agriculture and IT. Discussion with Ambassador focused on economic issues and Chinese support for debt restructuring. Collaboration on BRI projects and IMF bailout for Sri Lanka's economic reforms.
China reaffirms financial support for Sri Lanka
China has said it would continue to support Sri Lanka, as the crisis-hit island nation's prime minister on Saturday wrapped up a visit to Beijing to try to finalise a debt restructuring deal. China had agreed "in principle" to restructure Sri Lanka's debt in December, but neither Colombo nor Beijing had given details and the two are yet to finalise an agreement.
ET Road Safety & Safer Mobility Forum 2024: Navigating the path to employee well-being and operational efficiency in transportation
ET Road Safety & Safer Mobility Forum 2024, to explore and highlight innovative approaches and collaborative efforts driving employee well-being and operational efficiency in transportation safety across industries.
Navigating Safer Roads: AI and Technology Transforming Fleet Safety in the Oil and Gas Sector
Discover insights from the ET Road Safety & Safer Mobility Forum 2023, where industry leaders discussed AI-driven solutions, legislation, and need for education to elevate road safety in the oil and gas sector.
BRI in Nepal remains non-starter despite optimism among section of Nepalese leadership
Nepal and China signed a memorandum of understanding on BRI in 2017. Nearly seven years since, not a single project under the initiative has either been executed or negotiated as successive governments in Nepal have been averse to borrowing loans from Beijing unlike Sri Lanka and Pakistan, according to Nepal watchers.
Nepal & China to sign implementation plan of Beijing-backed BRI projects: Nepal's Deputy PM
Deputy Prime Minister Narayan Kaji Shrestha announced that Nepal and China will soon sign the implementation plan of the Belt and Road Initiative. This agreement comes nearly seven years after the two countries signed a memorandum of understanding for ambitious infrastructure projects in Nepal. The signing of the implementation plan is crucial for negotiating and executing projects under the initiative.
ET Road Safety & Safer Mobility Forum 2023: Promoting the Path to Global Road-Safety Standards with AI and Advanced Technology
In a significant effort to address the escalating road accidents and fatalities in India, the Economic Times, supported by Netradyne, a global leader in vision-based driver safety and management solutions presents the third edition of the ET Road Safety & Safer Mobility Forum 2023
ET Road Safety & Safer Mobility Forum 2023: Pioneering Solutions for India's Road Safety Surge
EconomicTimes.com is organising the third edition of the ET Road Safety & Safer Mobility Forum 2023. Read to know more about it.
Sri Lanka assures China of continued active participation in Belt and Road Initiative
Wickremesinghe visited China from October 16 to 20 to attend the third Belt and Road Forum for International Cooperation hosted by Chinese President Xi Jinping. "Sri Lanka reiterated it will continue to actively participate in the Belt and Road Initiative proposed by China," according to the joint statement issued on Friday. Cash-strapped Sri Lanka has a total foreign debt of USD 46.9 billion, 52 per cent of which is owed to China, its largest lender.
EU set for own summit in bid to rival China belt and road
On the occasion of the 10th anniversary of China's Belt and Road Initiative, the country hosted leaders of over 130 countries to celebrate the event.
China's Xi Jinping warns against decoupling, lauds Belt and Road at forum
Chinese President Xi Jinping warned against decoupling from China and criticized Western efforts to reduce dependence on the Chinese economy during the Belt and Road Initiative (BRI) forum. Xi emphasized the success of the BRI in building global infrastructure and energy networks. He also rejected unilateral sanctions, economic coercion, decoupling, and supply chain disruption.
How China's Belt and Road Initiative is changing after a decade of big projects and big debts
China's Belt and Road Initiative (BRI) is set to become smaller and greener as the country aims to address concerns about debt and the environment. The BRI, which has built infrastructure projects around the world, has deepened China's relations with various regions. However, it has also faced criticism for leaving countries in debt and causing environmental issues. Going forward, future BRI projects are expected to be smaller and rely more on investment by Chinese companies rather than development loans. China has also pledged to stop building coal power plants overseas and is encouraging green transition projects.
What is China's Belt and Road Initiative?
A decade since its launch, the Belt and Road Initiative has yet to entice significant Western engagement.
India to skip China's Belt and Road Forum for a third time
India is boycotting China's Belt and Road Initiative summit for the third time, citing concerns over sovereignty issues and the financial viability of Beijing's projects. The two-day summit is being held amid criticism that the loans for unsustainable projects have led to debt traps for smaller countries. India has been critical of the China-Pakistan Economic Corridor, which passes through Pakistan-occupied Kashmir.
Leaders from emerging economies are visiting China for the ''Belt and Road'' forum
Under the initiative, a signature policy of Xi, Chinese companies have built ports, roads, railways, power plants and other infrastructure around the world in a bid to boost trade and economic growth. But the massive Chinese development loans that funded the projects have also burdened some poorer countries with heavy debts.
China attempts to 'mainstream' Taliban via Belt & Road Forum
The Taliban's participation in China's Belt and Road Forum is expected to increase their legitimacy and mainstream their presence among the 120 countries attending the event. This move is seen as an attempt to create a divide with India and capitalize on the first-mover advantage with the Taliban.
China, Pakistan to ink significant agreements under CPEC projects during caretaker PM Kakar's Beijing visit
Pakistan and China are set to sign agreements related to motorways and highways under the China-Pakistan Economic Corridor (CPEC) program. The agreements will include the establishment of a modern Highway Research and Training Centre (HRTC) with China's assistance. The HRTC will conduct research in various aspects of highway engineering and provide technical training.
Taliban to join China's Belt and Road forum, elevating ties
The Taliban will attend China's Belt and Road Forum, demonstrating Beijing's growing ties with the administration. While the Taliban has attended regional meetings in the past, this is one of the most high-profile multilateral summits they have been invited to. Haji Nooruddin Azizi, the Taliban's acting minister for commerce and industry, will travel to Beijing to attend the forum and invite large investors to Afghanistan.
China to host Belt and Road forum October 17-18: State media
Chinese President Xi Jinping will attend the opening ceremony and deliver a keynote speech.
Putin and Xi to meet in Beijing in October, Russia says
Russian President Vladimir Putin is set to travel to Beijing in October for talks with Chinese President Xi Jinping, marking his first known trip abroad since the International Criminal Court (ICC) issued an arrest warrant against him. The Kremlin's chief's visit to China comes amidst the West's attempts to contain both Russia and China, which is expected to deepen cooperation between the two nations.
China says 90 countries have confirmed attendance for Belt and Road Initiative
China has announced that 90 countries have confirmed attendance for its Belt and Road Initiative conference in October. The third Belt and Road Forum for International Cooperation will be held in Beijing and is expected to attract several foreign leaders, including Serbian President Aleksandar Vucic and Argentine President Alberto Fernandez.
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