One Belt, One Road

Turkish President Recep Tayyip Erdoğan will visit China to join a summit for the "Belt and Road," Beijing's ambitious international logistics and trade plan, Deputy Prime Minister Tuğrul Türkeş has said. 

A national association "One Belt One Road" was established on Tuesday to boost Bulgaria's involvement in China's Belt and Road Initiative and strengthen the ties between Bulgaria and China, China Daily writes.

OBOR comprises the 'Silk Road Economic Belt' and the '21st Century Maritime Silk Road'. The historic connotation is not accidental: the benefits of lively economic and cultural activity along the historic Silk Road should be revived, deepened and expanded with modern technology and know-how.

BELGRADE - A program dedicated to cultural cooperation between Shanghai and Belgrade will be held at the Studentski Grad Cultural Center in Belgrade on November 13, the organizers announced Monday.

Guests of the program will be a delegation of the city of Shanghai, led by Deputy Mayor Yin Chen, and the Ambassador of China in Belgrade Li Manchang.

China has set up a 10 billion euro ($11.15 billion) investment fund to finance projects in Central and Eastern Europe, Industrial and Commercial Bank of China said in a statement issued on Nov. 6.

The China-Central Eastern Europe fund will be run by Sino-CEE Financial Holdings Ltd, a company established by the bank earlier this year.

The Turkish Industry and Business Association (TÜS?AD) was one of the first pioneering institutions that started closely monitoring China. During the presidency of Arzuhan Do?an Yalç?nda? in 2007, when TÜS?AD opened an office in Beijing, I remember there were opponents arguing this was not needed.

Bulgaria and China have signed an educational exchange agreement to fully tap into the development potential of that specific sector of bilateral relations, the Foreign Ministry in Sofia said on Thursday.

China's Silk Road initiative is a real game-changer, irrespective of whether it will succeed or not as planned, in realizing its ambitious one belt and one road project. 

It is the brainchild of ambitious President Xi Jinping, who wants to leave behind a lasting legacy while at the same time connecting China to the world's high value markets and sources of energy and raw materials.

Chinese President Xi Jinping first mentioned the concept of a new Silk Road in 2013, one that would reach the West from China both from land and sea. 

There are two legs of the ?New Silk Road.? The first is inspired by the traditional Silk Road dating way back to the Egyptians before Christ, a territorial one called ?Silk Road Economic Belt.?