Belt and Road Initiative

Chinese President Xi Jinping will host a Central Asian summit on Thursday, seeking to build regional influence as G7 leaders hold a rival gathering in Japan.

Held in the ancient Chinese city of Xi'an, the historic eastern end of the Silk Road that linked China to Europe through Central Asia, this week's summit is of "milestone significance", Beijing has said.

President Xi Jinping will host a two-day summit with the leaders of five Central Asian nations next week, Beijing said on Monday, as China moves to increase its influence in the region.

Leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan are expected to attend the China-Central Asia Summit from May 18 to 19, said China's foreign ministry.

Russia and China work in tandem. Premier Xi Jinping and Putin are united through their sense of historic humiliation. They oppose the integration of Western Balkan countries into Euro-Atlantic institutions. Serbian President Aleksander Vucic is a malleable figurehead eager to do their bidding.

China will stop funding coal projects overseas, President Xi Jinping announced on Sept. 21, all but ending the flow of public aid for the dirty energy contributing to the climate crisis.

Turkey aims to have laid 16,775 kilometers (10,423 miles) of the railway as of 2023, the 100th anniversary of its republic, the Turkish transport, and infrastructure minister said on June 5.

The current length of railway in the country is 12,803 kilometers (7,955 miles), Adil Karaismailoğlu told journalists in the central province of Yozgat.

Established in 2015 on the initiative of the Polish and Croatian presidents, 3SI was handed a momentum boost the following year when the administration of Donald Trump gave its backing. On the map, the 3SI team sheet builds a block running right across Europe from north to south and linking the Baltic, Black and Adriatic Seas.

Turkey on June 12 said that it seeks to make its trade with China more sustainable and balanced by enabling high value-added exports.

Greece will be a strong link between China and other European countries during the implementation of the Belt and Road Initiative (BRI), former Greek prime minister George Papandreou told Xinhua. 

Greece maintains excellent bilateral relations with China, he said. 

The two countries have also cooperated closely under the BRI since its launch in 2013. 

The Turkish Wealth Fund (TWF) and China Export and Credit Insurance Corporation (Sinosure) have signed a Memorandum of Understanding (MoU) to promote bilateral economic, trade and investment cooperation.

Sinosure will consider providing support up to $5 billion with respect to the financing activities, according to a statement from TWF on March 26.

Chinese President Xi Jinping announced the "Belt and Road Initiative" in 2013 as a $900 billion global project that would attempt to connect international trade routes.