Weekly Top News - 2018 November 11

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

  1. Xi Jinping keynote at the long-awaited China International Import Exposition. He said China would continue to open up and become a key destination for the world’s imports. However, there were no major opening up announcements. - Read more 

  2. Some huge deals have been signed at CIIE. Sinopec alone reportedly spent $45bn. Foreign companies have benefited. E.g. Rolls Royce signed $1.45bn deal with China Eastern, Standard Chartered signs $1.6bn deal with China Poly over next 2 years. - Read more

  3. 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

  4. Premier Li and Russian PM Medvedev met on Wednesday. They witnessed the signing of nine agreements to promote cooperation in areas such as energy, agriculture, customs clearance and aerospace. - Read more

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Grzegorz Stec