2018 December 11

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Here is the Belt & Road Today brought to you by Belt and Road Advisory

  1. Abu Dhabi Ports hopes for 'huge' trade boost from deal with China's Cosco. The CEO of Abu Dhabi Ports said the company remains "good allies of all countries" as it embarks on a new agreement with China's Cosco. - Read more

  2. BNP Paribas said on Monday it had received a license to be the lead underwriter for yuan-denominated bonds from foreign non-financial corporate issuers in China, known as Panda bonds. This follows HSBC and Standard Chartered. - Read more

  3. The Trump administration plans to unveil a new strategy for Africa this week focusing on countering China's growing influence on the continent, as well as Russia's attempts to gain footholds in resource-rich, unstable countries. - Read more

  4. China discloses November trade data. Exports up 5.4%. half of what was expected. Shows frontloading in previous months. As for imports, growth was 3 percent, the slowest since October 2016. China’s commodities imports falls highlighting economic weakness. - Read more


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GS