2018 October 19
Here is the Belt & Road Today brought to you by Belt and Road Advisory
In its twice-yearly report on the foreign exchange policies of major US trading partners, the US refrained from labelling China a "currency manipulator" in a move which may help defuse escalating tensions. - Read more
The White House gave formal notification to Congress this week that it would begin trade talks with Japan, the EU and the UK. And the administration also has its sights on free trade agreements with the Philippines and Vietnam. - Read more
Tesla has acquired a giant 854,885 sq/m plot in Shanghai to build its first factory outside of the US. The operation is wholly owned by Tesla, and is being used by China to prove that it is opening up to foreign investment. - Read more
A US Navy research vessel docked in Taiwan Monday, sparking further concern in Beijing at a time of already heightened tension. China responded by “expressing our solemn concerns to the US side”. - Read more
Chinese President Xi Jinping sent a congratulatory letter to the Belt and Road Energy Ministerial Conference and International Forum on Energy Transition, which opened Thursday in the eastern Chinese city of Suzhou. - Read more