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China Invested Over $50B for Belt and Road Initiative

Mar 07, 2017 06:46 AM EST

China has invested more than $50 billion in the countries along the Silk Road after the Belt and Road Initiative was proposed in 2013, a senior official said revealed on Monday.

The skeletons excavated at the site in Lant Street, Southwark.

'Phenomenal' Discovery of Possible Chinese Skeletons Could Rewrite Roman History

Charissa Echavez |

Sep 28, 2016 11:27 AM EDT

Museum of London researchers unearthed two ancient skeletons of Asian ancestry buried at a Roman cemetery in London, giving new insights into the links between the Roman Empire and Imperial China.

China Plans to Lend Bangladesh $9 Billion for Railway Project

Charissa Echavez |

Jul 06, 2016 10:50 AM EDT

China is planning to provide a lump-sum amount of $9 billion as a low-interest loan to Bangladesh for the upgrade of its railway system.

China Spent Almost $1 Trillion for One Belt, One Road Initiative

Charissa Echavez |

Mar 04, 2016 10:11 AM EST

China's investment in recreating the ancient silk route have already reached nearly $1 trillion. Dubbed the One Belt, One Road initiative, the project is China's attempt to create trade routes over land and sea between Europe and Asia.

First Train Connecting China and Iran Arrives in Tehran

Alexis Villarias |

Feb 17, 2016 12:31 PM EST

The first ever train to connect China and Iran arrived in Tehran on Monday, reviving the ancient Silk Road, according to the Iranian railway company. The train aims to make transportation between Shanghai and Iran shorter.

China's new Silk Road Economic Initiative

China's New Silk Road to be Boom or 'Dust' for Pakistan

Elena Garcia |

Nov 15, 2015 11:31 AM EST

China's new Silk Road could be boom or "dust" for Pakistan. Locals living in the region bordering China are yet to be convinced about the benefits that they will receive from the initiative as the Silk Road gets under construction in northern Pakistan.

President Xi Won’t Use AIIB To Finance $46B China-Pakistan Economic Corridor

Vittorio Hernandez |

Apr 18, 2015 06:01 AM EDT

Although Chinese President Xi Jinping is bound for Pakistan next week to tackle the $46-billion Pakistan-China Economic Corridor, the money to fund the project would not come from the newly established Asian Infrastructure Development Bank.

India’s Cotton Route Aims To Rival China’s Silk Road

Vittorio Hernandez |

Mar 23, 2015 11:19 PM EDT

The rivalry between the two Asian giants, China and India, continues not only in the area of population, but also in ancient trade routes that are being revived. If China has its famous Silk Road, India will have its Cotton Route.

Silk Road Trial Lawyer Fights to Include Emoji as Evidence

Dino Lirios |

Jan 29, 2015 10:41 PM EST

In the midst of the Silk Road trial, the defendant's lawyer is fighting hard to include one key piece of evidence: an emoji.

China Opens 1st Leg of High-Speed Railway in Beijing

Vittorio Hernandez |

Nov 17, 2014 05:48 AM EST

With a speed of over 200 kilometers per hour, passengers aboard the newly opened Urumqi-Hami route could cut their travel time between the two Chinese cities to just three hours from the old six hours. The 530-kilometre route is the initial stage of the ambitious 1,775-kilometre railway system linking the capital cities of Xianjing and Gansu Provinces.

China to Sink $40 Billion Into Silk Road That Connects it to Europe, MidEast And Central Asia

Vittorio Hernandez |

Nov 09, 2014 02:39 AM EST

While the FBI has shuttered the website Silk Road 2.0, another Silk Road is rising, but despite both Silk Roads involved in the sale of goods, the new one surely won't be closed by the FBI or any other government body.

Dark web marketplaces were shut down Friday by authorities in 17 countries.

Worldwide Law Enforcement Authorities Take Down Dark Web Cyber Marketplaces

Dan Weisman |

Nov 07, 2014 05:04 PM EST

Police in 17 nations around the globe Friday shut down 17, or more, so-called dark web marketplaces specializing in sales of illegal goods.

China Eyes Trade Development With Mongolia

Christl Leong |

Aug 19, 2014 10:42 AM EDT

China and Mongolia will boost trade ties as both countries prepare to sign a string of infrastructure and energy deals during Chinese President Xi Jinping's trip to the neighboring country scheduled on Thursday.