Silk Road
| Use attributes for filter ! | |
| Regions | Asia-Pacific |
|---|---|
| Designated | 2014 (38th session) |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1114311 |
About Silk Road
The Silk Road was a network of trade routes which connected the East and West, and was central to the economic, cultural, political, and religious interactions between these regions from the 2nd century BCE to the 18th century.
Vladimir Putin feted at Xi Jinping's global Belt and Road summit
... In his speech littered with Silk Road references and colourful proverbs, Mr Xi continued to stress this point...
Belt and Road Initiative: Is China's trillion-dollar gamble to transform the world working?
... Was it worth it? A win-win economic success? From the moment the BRI was unveiled in 2013 with comparisons to the ancient Silk Road, it was clear China had sprawling ambitions...
China's roads win hearts in South Asia - but at a cost
... The Silk Road route has been used for trade and travel for centuries, and in the last 10 years, it has become central to Beijing s Belt and Road Initiative (BRI)...
Pirelli: Italy blocks Chinese control of tyre giant
... The Chinese government s Silk Road investment fund also owns a 9% stake in Pirelli...
Stolen $3bn Bitcoin mystery ends with popcorn tin discovery
... James Zhong has pleaded guilty to hacking the funds in 2012 from the illegal Silk Road marketplace...
Zero-Covid: How Xi's flagship policy is spoiling his party
... Xi an has been a driver of inland China s economy since the years when it was the start of the old Silk Road stretching across central Asia into the Middle East and Europe...
How China became the world's 'economic miracle'
... The so-called new Silk Road aims to connect almost half the world s populations and one-fifth of global GDP, setting up trade and investment links that stretch across the world...
Pirelli: Italy blocks Chinese control of tyre giant
By Peter HoskinsBusiness reporter
Italy has moved to block a Chinese state-owned company from taking control of tyre making giant Pirelli.
The decision is part of measures announced by Italy's government to protect Pirelli's independence.
Beijing-controlled chemical giant Sinochem is Pirelli's biggest shareholder, with a 37% stake in the 151-year-old Milan-based firm.
It Comes as tensions between Beijing and The West are in focus as the US secretary of state visits China.
On Sunday, that The Italian government had ruled that only Camfin - a company controlled by Pirelli's boss Marco Tronchetti Provera - could nominate candidates to be its chief executive.
Pirelli also said the government had decided that any changes to The Company 's Corporate Governance should be subject to official scrutiny.
It came after Sinochem told The Italian government in March that it planned to renew and update an existing shareholder pact.
Italian Prime Minister Giorgia Meloni 's administration examined the agreement under the so-called " Golden Power Procedure" rules, which are aimed at protecting businesses that are viewed as strategically important to The Nation .
In 2015, Pirelli was sold for 7. 1bn euro (£6. 1bn; $7. 8bn) to a group of investors including ChemChina and Camfin. Six Years later ChemChina merged with state-owned Sinochem. The Chinese government's Silk Road investment fund also owns a 9% stake in Pirelli.
US Secretary of State Antony Blinken is in Beijing, on his final day of a rare visit to China by such a high-ranking Washington official.
Mr Blinken's trip comes as the relationships between China and many Western nations have deteriorated in recent years over issues including trade, Taiwan and security.
Before his visit officials saw little chance of any breakthrough on the many disputes between The World 's two biggest economies, which include Washington's attempts to slow the development of China's computer chip Industry .
Source of news: bbc.com
Silk Road Photos
