Weekly Top News - 2018 December 2

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

  1. A leaked Belt and Road MoU between China and the Philippines includes a provision that projects should be developed with 'complete transparency'. This is a good move and shows China is listening and attempting to make BRI more transparent. - Read more

  2. China’s Banking and Insurance Regulatory Commission gave German insurer Allianz permission to set up a wholly-owned insurance holding company in Shanghai. This represents an acceleration in the liberalization of the insurance sector. - Read more

  3. The G20 Summit has opened in Buenos Aires, Argentina. Topics to be discussed include climate change, Ukraine, Saudi Arabia and the main event of the Trump-Xi dinner on Saturday night. Deal or no deal? - Read more

  4. China is more actively pushing for reform of the WTO. It wants to “lock unilateralism inside the cage of multilateralism”, improve the say of developing economies and reform the dispute settlement body. - Read more



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Grzegorz Stec