2018 November 8
Here is the Belt & Road Today brought to you by Belt and Road Advisory
Chinese Vice President Wang Qishan told Bloomberg’s New Economy Forum in Singapore that Beijing remained ready to discuss solutions to its trade war with the U.S. But Wang also warned that China wouldn’t again be “bullied and oppressed by imperialist powers.” - Read more
A memorandum of understanding on the Belt and Road Initiative has been signed between Malta and China. - Read more
Hungary is to deploy 8 new intermodal yards; seven in the countryside and one near Budapest to accommodate rail freight traffic from the Far East to Europe. It is seeking to become an eastern European gateway for Belt and Road. - Read more
People sometimes think Belt and Road is orchestrated from the top. It’s not. Chinese companies, banks, cities, counties and provinces all have their own BRI strategies. For example, Hunan province just announced a new 20bn rmb BRI fund. - Read more
The first phase of a crucial CPEC energy project in Pakistan is scheduled to be put into operation next year, benefiting 2 million local people. - Read more