Editor’s Note: Doubts have again been raised over the Belt and Road Initiative’s goals, with some calling it a “debt trap” for participating countries and China’s “geopolitical expansion tool”. Why are anti-China elements using such ploys to malign China? And

A train stops at the Idu Railway Station in Abuja, Nigeria on July 26, 2016. The Abuja–Kaduna Railway is the first standard gauge railway in Nigeria. [Photo/Xinhua]The Abuja–Kaduna Railway, as the first segment of the Lagos–Kano standard gauge project, the

The Russian automobile producer AutoVAZ will start selling Lada Xray Cross, Largus, Lada 4×4 and Granta models on the primary market in Mongolia by 2020. According to the Russian Embassy in Ulaanbaatar, sales will be implemented in accordance with the

Mongolia’s coal exports rose 15 percent on the year to 7.8 million tonnes in the first quarter, with the country benefiting from customs delays impeding imports from Australia during the period. Export earnings from coal over the first three months

The European Bank for Reconstruction and Development (EBRD) has signed an agreement worth USD 300 million with the Mongolian government to help the country improve its infrastructure.

The money will be spent on projects and programs in road and transport and

The Mongolia Mining 2019 International Mining & Oil Expo has opened at the Buyant Ukhaa sports complex on Wednesday.

The annual expo is the largest gathering of the Mongolian mining sector. It aims to introduce the Mongolian government’s policies on the

The Mongolian Central Bank has launched a plan to last for six months that aims at promoting the sale of gold by gold miners and individuals to banks. Gold purchase at the Central Bank has declined sharply since the beginning

Capital Bank LLC, one of the 14 commercial banks in Mongolia has gone into liquidation by decree of the Central Bank of Mongolia. According to N.Batsaikhan, who is chief examiner at Mongol Bank, the volume of Capital Bank’s  low grade