2018 December 4

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

  1. China has not accepted India’s proposal to carry out bilateral trade in local currencies which was aimed at bridging India’s ballooning $63 billion trade deficit with China (increased 20% vs. 2017). - Read more

  2. Swiss bank UBS becomes the first foreign bank to be granted a majority stake in its joint venture in China. It will raise its stake in its JV from 24.99% to 51%, after applying in May this year for the license. - Read more

  3. Singapore Exchange (SGX) and Nanhua Futures have teamed up to compile an index for investors to track and capture investment opportunities arising from the Belt and Road. - Read more

  4. China's top climate envoy has called on participants in China's Belt and Road to employ the highest environmental standards to reduce emissions from infrastructure projects. - Read more


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GS