Author: HeraldStar

By Agil Alesger During the visit, the signing of several official agreements between the two countries and the deepening of strategic partnership between Azerbaijan and China create opportunities for the development of mutually beneficial economic and political relations for both countries. This could lead to the realization of joint projects in the energy and trade sectors. Azerbaijan’s strategic geographical location enhances its role as a bridge between Europe and Asia within China’s “Belt and Road” initiative. Thus, Azerbaijan gains easier access to European markets, while its importance in Europe is also increasing. The agreement to strengthen the alignment of the…

By Qaiser Nawab The ongoing two-day state visit of President Ilham Aliyev of Azerbaijan to China is a defining moment in the evolving partnership between these two nations. The meetings held today with Chinese leadership are poised to take their collaboration to new heights, solidifying the growing relationship between Azerbaijan and China under the framework of the Belt and Road Initiative (BRI). As the world increasingly shifts towards regional connectivity, the two countries have come together to chart a course that not only benefits them but also contributes to a more inclusive, peaceful, and sustainable global future. This historic visit…

Beijing, China – April 22, 2025 In a significant step towards fostering cooperation between Belt and Road Initiative (BRI) countries, Qaiser Nawab, Chairman of the Belt and Road Initiative for Sustainable Development (BRISD), and Mr. Duan Xiaofei, General Manager of CIIC International Education Technology (Beijing) Co., Ltd., today signed a Memorandum of Understanding (MOU) in Beijing. This agreement aims to enhance collaboration in workforce training, capacity building, and vocational education, with an initial pilot project in Pakistan, though the agreement encompasses all BRI countries. This partnership, focused on vocational education, technical skills development, and human resource development, is expected to…

By Karter Lin The Trump administration’s recent move to exempt smartphones, semiconductors, and other key electronic products from its reciprocal tariff plan signals not strategic brilliance but a desperate attempt to salvage economic stability amid internal discord and rising global defiance. Initially portrayed as a bold tactic to reinforce U.S. manufacturing and intimidate rivals, the policy is unraveling—exposing chaos within the administration and underestimating the world’s capacity to defend its own economic interests. This article explores two central dynamics of this unraveling: (1) the internal contradictions that have undermined the coherence of U.S. policy implementation, and (2) the growing capability…

By Qaiser Nawab In recent weeks, global markets have been rocked by a startling development in what is traditionally considered the safest financial asset in the world: U.S. Treasury bonds. A sharp and unprecedented surge in yields — with the 10-year Treasury yield rising by 42 basis points in just 24 hours — has sent tremors through an already jittery investment landscape. This is not simply another case of market volatility. What we are witnessing is a convergence of forces that threaten the very foundation of global finance. At the center of it all lies an obscure but dangerous financial…

By Qaiser Nawab As the Chairman of the Belt and Road Initiative for Sustainable Development (BRISD), my travels often lead me to destinations that are steeped in history and promise. Yet, my recent visit to Gansu, and specifically to the ancient city of Dunhuang, has profoundly impacted me in ways I did not expect. This was my first time visiting Gansu, a region that sits at the crossroads of China’s cultural and historical heritage, where the East and West have long converged, and I have to admit—I’ve fallen in love. The Silk Road, an ancient network of trade routes, is…

By Qaiser Nawab In April 2025, the Chinese government released a white paper titled “China’s Position on Some Issues Concerning China-U.S. Economic and Trade Relations.” While such state-issued documents are often dismissed as diplomatic posturing, this one stands out — not for its rhetoric, but for the economic clarity it offers. Beneath the diplomatic language lies a compelling truth: the ongoing trade war driven by the United States has failed to deliver strategic gains and instead has inflicted economic harm on all involved — especially on American households and industries. Interdependence For years, Washington has framed U.S.-China economic ties as…

Shanghai April 14, 2025 – Prof. Dr. Guo Dingping, esteemed Professor at the School of International Relations and Public Affairs, Fudan University, hosted an exclusive dinner in honor of Mr. Qaiser Nawab, Chairman of the Belt and Road Initiative for Sustainable Development (BRISD), and Mr. Qiu Xin (Stefano Qiu), Director of BRISD Italy and President Esecutivo. The gathering was also graced by the presence of Associate Professor Dr. Jing Liao, Deputy Director of the Multilingual Center at Fudan University. The evening featured engaging and thought-provoking discussions on a wide range of strategic and contemporary topics including the Belt and Road…

By Wang Kai The Trump Administration’s ambitious plan to revive America’s declined shipbuilding sector by imposing high port fees on Chinese-built vessels has left industry players in a precarious situation. If implemented, this measure would impact 98% of ships calling at U.S. ports, increasing costs by $600 to $800 each container, as per the World Shipping Council (WSC). At the public hearings held by the U.S. International Trade Commission (USITC) last week on the proposed tariffs aimed at restoring U.S. dominance in maritime trade, American port managers and international shipping organizations warn of unintended consequences that would cost jobs and…

By Hadia Safeer Choudhry As the world stumbles along the fragile path of post-pandemic economic recovery, one nation’s unilateral decisions continue to rattle the global order. The United States, under the banner of “America First,” has reignited protectionist trade policies that are not only destabilizing its own economy but are also dealing a severe blow to its long-standing economic partners—particularly the European Union. In its 2024 Economic Outlook, the Organization for Economic Cooperation and Development (OECD) warned that escalating global trade tensions could undermine the already subdued global growth outlook. The OECD projects global GDP growth to fall to 3.1%…