2018 November 10

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

  1. Australia launched a $1.5 billion dollar fund to counter China in the Pacific. The new fund will invest in infrastructure and other developmental projects. China responded that Beijing and Canberra should work together on such projects. - Read more


  2. After 400,000 foreign visitors came for CIIE in Shanghai, the expo today draws to a close. Huge deals have been signed, but President Xi did not make any concrete opening up announcements. - Read more


  3. China's October trade numbers came out yesterday. Exports +15.6% yoy, imports +21.4% yoy (both in dollar terms). Both numbers exceeded consensus forecasts (+11%/14%). - Read more


  4. Data from UBS shows US imports of Chinese goods listed in the initial $34 billion of tariffs have fallen by 30%. The analysts said it's too early to calculate the effect on an additional $200 billion of tariffs implemented on September 24. - Read more


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GS