Silk Road Shipping promotes connectivity, facilitates trade

STORY: Silk Road Shipping promotes connectivity, facilitates trade DATELINE: Sept. 10, 2022 LENGTH: 00:01:35 LOCATION: XIAMEN, China CATEGORY: ECONOMY SHOTLIST: various of vesselsvarious of XiamenSOUNDBITE 1 (Chinese): CHEN LILI, Deputy General Manager of Xiamen Port Logistics Co., Ltd.SOUNDBITE 2 (Chinese): PAN HUA, Head of representative office Shanghai, Port of Hamburgvarious of containersSOUNDBITE 3 (Chinese): CHEN HONGJUN, Site manager of DB Schenker Xiamen STORYLINE: Corporate executives attending a forum in China's Xiamen say that Silk Road Shipping has been playing an important role in promoting maritime connectivity and deepening opening-up and cooperation. Silk Road Shipping is an alliance jointly initiated in late 2018 by dozens of ports, carriers, and logistics service providers in countries along the Belt and Road. Xiamen launched Silk Road shipping services in 2018. SOUNDBITE 1 (Chinese): CHEN LILI, Deputy General Manager of Xiamen Port Logistics Co., Ltd. "We are committed to providing cr

U.S. economic mismanagement burdens world with economic woes: experts

STORY: U.S. economic mismanagement burdens world with economic woes: experts DATELINE: July 30, 2022 LENGTH: 00:02:14 LOCATION: Singapore CATEGORY: POLITICS/ECONOMY SHOTLIST: various of U.S. Federal Reservevarious of street view in U.S.various of containersSOUNDBITE 1 (English): LAWRENCE LOH, Director of the Center for Governance and Sustainability at the National University of SingaporeSOUNDBITE 2 (English): JIN SONG, Adjunct professor at Nanyang Technological University of SingaporeSOUNDBITE 3 (English): LAWRENCE LOH, Director of the Center for Governance and Sustainability at the National University of Singapore STORYLINE: Analysts say the root cause of the U.S. Fed's interest rate hikes is economic mismanagement on the part of the U.S., and that the Fed's decision is further burdening the world with economic woes. The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points, the second in a row of that magnitude, as elevated inflation showed no clear sign of easing. SOU

GLOBALink | China's trade with RCEP members sustains steady growth

STORY: China's trade with RCEP members sustains steady growth DATELINE: April 18, 2022 LENGTH: 00:01:45 LOCATION: NANNING, China CATEGORY: ECONOMY SHOTLIST: various of containersSOUNDBITE 1 (Chinese): NGUYEN HUU QUAN, Commercial Consul of Consulate General of Vietnam in Nanningvarious of vesselsSOUNDBITE 2 (Thai): BENJAMAS TANVETYANONT, Consul general of Thailand in NanningSOUNDBITE 3 (Chinese): DENG WEI, Staff member, China Railway Nanning Group Co., Ltd.various of trains STORYLINE: Trade between China and members of the Regional Comprehensive Economic Partnership (RCEP) has seen steady growth since the trade agreement took effect at the beginning of this year, the latest official data showed. According to the General Administration of Customs (GAC), China's trade with the other 14 member states expanded 6.9 percent year on year to 2.86 trillion yuan (about 448.6 billion U.S. dollars) in the first quarter of 2022, accounting for 30.4 percent of China's total foreign trade value. The world's largest f