2018 October 18
Here is the Belt & Road Today brought to you by Belt and Road Advisory
Local authorities are responding to the increased risk of stock market sell-offs through injecting money into locally listed companies. For example, Shenzhen is planning to inject at least 15 billion yuan. - Read more
The Hong Kong Mortgage Corporation is planning to securitize infrastructure loans and channel funds into the Belt and Road. This represents an innovative way to share risk around infrastructure financing. - Read more
Standard Chartered, with 70% of its global footprint overlapping with BRI countries, has committed to financing BRI projects worth $20 billion by 2020. The bank wants to see more BRI public private financing partnerships. - Read more
The number of freight trains on the China-Europe rail service network have now reached 11,000 trips. Freight rail services have 65 routes that link Chinese cities with 44 others in 15 European countries. - Read more
BRI is making logistics more efficient. Quanta Computer’s manufacturing site in Chongqing said China-Europe freight trains reduce transport time by two-thirds vs ocean shipping and reduce expenses by 70% vs. air transportation. - Read more