Nepal, China sign framework agreement on One Belt, One Road

Nepal, China sign framework agreement on One Belt, One Road

China will seek to build on its hosting of the G20 Summit in Hangzhou in September 2016, its "One-Belt, One-Road" initiative, and progress on launching the Asia infrastructure investment Bank to increase its global presence on worldwide economic issues, he told the lawmakers.

Proposed in 2013 by President Xi Jinping to promote a vision of expanding links between Asia, Africa and Europe underpinned by billions of dollars in infrastructure investment, the project is broad on ambition but still short on specifics. Chinese investment could reach up to $130 billion (£101.1 billion) annually over the next five years.

China has signed local currency swap agreements with 21 countries along the Belt and Road initiative, he added, and six countries have received investment quotas to participate in the Renminbi Qualified Foreign Institutional Investor (RQFII) programme.

"You reporters should focus on the theme of developing together, not what we (China) do with certain countries, because that could make other countries uncomfortable", said the official from the eastern province of Fujian.

On May 13th (Saturday), leaders from various countries across Asia and Europe (including North Korea) will arrive in Beijing for the much-anticipated Belt and Road Forum where they will discuss China's grand plans of establishing a new Silk Road of highways and high-speed trains through the "One Belt, One Road" initiative. China has also rejected suggestions that the new Silk Road is about Beijing trying to dominate the world and mould it to its liking, saying it is good for all and anyone can join.

Trump administration hollows out EPA science integrity board
The move - which has been criticized by government watchdog groups and associations of scientists - is out of the playbook of U.S. The board's advisers are appointed for three-year terms, which are typically renewed even under a new administration.

But with a confusing name, that officially refers to the Silk Road Economic Belt and the 21st-century Maritime Silk Road, added to myriad economic and security risks, clouds hang over the plan.

China's cargo trains have attracted European countries along the Belt and Road. "Anyone can join it". He explains that "any country can join, anywhere", adding that the USA hasn't joined the initiative. Erdoğan will represent Turkey at the summit before making an address to attending leaders at a round-table meeting on the sidelines of the conference.

The surprise attendance marks a major shift in USA policy towards Chinese President Xi Jinping's flagship initiative, which had been viewed as competing with the Obama administration's now defunct Trans-Pacific Partnership. Since then, he has used it to help portray China as an open economy, distinct from a rising wave of global protectionism.

In the first episode, Nilsson introduces the big-time Belt and Road Forum, scheduled to be held in Beijing next week, telling his daughter that the OBOR is about more than just "moving stuff around".

"In boosting the stream of development and transformation, I am confident the Digital Free Trade Zone, which is projected to generate 60,000 job opportunities, will become the first digital hub outside China", he said.

Related News:

  • SmackDown Recap: Jinder Mahal Pins Randy Orton

    SmackDown Recap: Jinder Mahal Pins Randy Orton

    Orton was out first, and he was met with a challenger as Mahal predictably came out to talk and stare him down. Rusev demanded a title opportunity at Money in the Bank a couple weeks ago, but he has heard nothing.
    Frat member told 911: 'We have a friend who's unconscious'

    Frat member told 911: 'We have a friend who's unconscious'

    At 10am the following morning, other members in the house discovered a shirtless Piazza breathing heavily with blood on his face. Timothy Piazza , a sophomore at Penn State, died while attending a pledge party at the Beta Theta Pi fraternity.

    Zinedine Zidane: 'We will suffer at their place for sure'

    Despite facing seemingly insurmountable odds, Atletico coach Diego Simeone insists his side will never give up hope. All the players were brilliant", the Frenchman said.
  • Albrecht Tied For 12th At NCAA Columbus Regional

    Albrecht Tied For 12th At NCAA Columbus Regional

    The top six teams from each of four regionals will advance to the nationals later this month in Sugar Grove, Ill. Florida State will play with Florida and the host school, Ohio State, in the second round.
    Newcastle United win Championship, Blackburn relegated on dramatic final day

    Newcastle United win Championship, Blackburn relegated on dramatic final day

    Blackburn will now become the first ever team to lift the Premier League title to feature in the third tier of English football. The two wins we've had have shown great character", said the former Tottenham and Queens Park Rangers boss.

    Tyson Fury: I'll beat Joshua with one arm tied behind my back

    In the 11th, Joshua unloaded a bone-jarring right uppercut that almost severed Klitschko's head from his neck. Eddie Hearn, Joshua's promoter, then downplayed any suggestion that the bout would take place any time soon.
  • Snap Shots: Caps 5, Pens 2

    Holtby getting hot is the last thing the Penguins, who have been for the most part out-possessed and out-played this series, want. Forwards Sidney Crosby and Conor Sheary of the Penguins returned five days after suffering concussions and Crosby had an assist.

    Blade Runner 2049: Two New Posters Revealed

    Ffrom the first trailer, to the images and posters we've seen with this, it seems like it's going to be a phenomenal watch. Two new, slick posters for Blade Runner 2049 starring Harrison Ford and Ryan Gosling were released on Thursday.
    Only PM can solve J&K crisis, says Mehbooba Mufti

    Only PM can solve J&K crisis, says Mehbooba Mufti

    The BJP state unit and the RSS have been questioning her ways of checking escalating violence in the Valley. Vohra has reportedly submitted a detailed report on Kashmir to Home Minister Rajnath Singh and to PM Modi.
  • Atletico Madrid Player Completed Medical At Real Madrid This Morning

    In addition, the prospect of a move to Real could be dented by Atletico's reluctance to do business with their biggest rivals. He signed a long-term contract with Atletico, which has a release clause of £20m ($26m), before joining Alaves on loan.
    Nigeria leader meets Chibok girls, leaves for medical trip amid health fears

    Nigeria leader meets Chibok girls, leaves for medical trip amid health fears

    Nigerians gathered in front of news stands on Monday looking at the names of the freed schoolgirls in local papers. He emphasized that he considered all 82 of the girls to be his daughters "because majority worship in my church".

    North Korea Accuses US, South Korea Of Assassination Attempt

    North Korean leader Kim Jong-Un was a target of bio-chemical weapons, according to the country's Ministry of State Security. South Korea's military "strongly condemned" the drill and warned of "fatal" consequences if the North provoked it.


Most liked

Texas adoption bill OK's rejection of non-Christian parents
The bill had been scheduled for debate and approval Saturday in the state House, but lawmakers bogged down with other matters. Abbott has declared fixing child protective services a priority in the face of rising investigator caseloads and child deaths.

Microsoft unveils a big Windows update and virtual reality hand controllers
Like the Clipboard feature, Microsoft will hope third-party developers enable these experiences within their mobile apps. This is no longer necessary, as the files in their updated format will be available whenever the user clicks them.

Where is Justice Karnan?
The five-judge bench headed by J S Khehar comprised of Justices Kurian Joseph, U U Lalit, Abdul Nazeer, and R F Nariman. More so, when the court itself had directed a mental check-up of Karnan, a sitting judge of the Kolkata High Court.

Harden, Rockets rout Spurs 125-104 to tie series
The third-seeded Rockets stole home court from the second-seeded Spurs with a 126-99 win in Game 1 in San Antonio on May 1. The starters have largely been on the bench and the fans on the way to their cars by late in the fourth quarter.

Mental Health And Motherhood
One of the most crucial, and perhaps understated, issues within mental health relates to children and young people. Many people are quick to shun or to blame those who afflicted, rather than recognizing the need for compassion.

Theresa May pledges energy price cap if re-elected
It might cost Centrica something like £200m and make it much tougher for the firm to reintroduce its progressive dividend policy. Mr Clark said that the Competition and Markets Authority had found that the market was not sufficient competitive.

Both MO Senators critical of Trump's "shutdown" demand, but to differing degrees
Democrats countered that the GOP effort risked a repeat of the 2008 meltdown that had the economy near collapse. Trump submits his comprehensive plan to defeat ISIS to Congress, according to a summary prepared by Democrats.

Korea detains another American over alleged hostile acts
Some foreigners have said after their release that their declarations of guilt had been coerced while in North Korean custody. In 2016, North Korea sentenced Otto Warmbier, an American college student, to 15 years hard labor.

North Korea: US and South Korea tried to assassinate Kim Jong Un
Although a total oil embargo is unlikely, analysts see some kind of curtailment of Chinese exports to North Korea as probable. It said Kim received two payments of $20,000 and a "satellite transmitter-receiver".

Brian Harman Wins Wells Fargo Championship With Clutch Long Range Putt
Harman came to the 18th tee tied for the lead and knowing that he needed a birdie on the par-5 to win the title. When Daly tapped in the winning putt, he pumped his fist.

Texas Governor Signs Law Against 'Sanctuary Cities'
Abbott's office gave little advance warning of the highly anticipated signing, which ensured that protesters could not disrupt it. The new measure is scheduled to go into effect September 1, according to the governor's office.

IPL: Gujarat beat Punjab in thrilling finish
Marsh's departure prompted Amla to go on the offensive and the South African star hit two sixes off consecutive overs. None of their first three bowlers - Sandeep Sharma, Mohit Sharma and Varun Aaron - struck in their first spells.

Dejounte Murray: Dejounte Murray will start at PG in Game 4
Offensively we just got to get guys involved, guys just got to have confidence and knock down these shots and be aggressive". The Spurs led by six when Aldridge scored all of their points in a 7-2 run to make it 85-74 with about five minutes left.

Kentucky Derby 2017 payouts: Win, place, show and exotic results
But it was his first with Pletcher after a long and successful relationship between the New York-based rider and trainer. The win gave Velasquez a second Derby trophy to go with the one he got after guiding Animal Kingdom to victory in 2011.

I've witnessed 'HIM' taking illegal cash: Kapil Mishra's stunning allegation
He added that two persons have been included in the Cabinet now- Kailash Gahlot and Rajendra Gautam for a post which was vacant. Mishra's sacking came after a meeting of AAP's legislative party which he and Amanatullah Khan attended.