2018 November 23

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

  1. Alibaba’s CEO Daniel Zhang, stated that the e-commerce giant will import goods from more countries, expand its product range significantly, doubling the number of its current categories and import $200bn into China over the next 5 years. - Read more


  2. China has said that cross border e-commerce will not be subjected to conventional import and export regulations, alleviating the fears of foreign companies who thought they might face more stringent approvals to sell into China.


  3. The USTR issued an update on its section 301 China investigation. It said China has failed to alter its “unfair” practices at the heart of the U.S.-China trade conflict, adding to tensions ahead of a high-stakes G20 meeting between Xi and Trump. - Read more


  4. Algeria and China are due to launch a construction mega project on Sunday for the exploitation of phosphate worth over $6 billion dollars. China's share in the mega project is 49%, while the Algerian party will be 51%. - Read more


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GS