2018 October 23

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

  1. Private firms in China have been struggling of late facing tighter financing and more rigorous regulation. In a speech this week, Xi sought to reassure private sector through saying the “CCP would continue to bless their development.”  - Read more

  2. Indonesia will review Belt and Road projects if ¢Prabowo wins the election next year. In particular, the flagship $4.5 billion high-speed rail between Jakarta and Bandung may come under closer scrutiny. - Read more

  3. More and more Chinese companies are developing Belt and Road strategies. One example is GCL Group which specializes in renewable energy, particular solar. The company says its next wave of growth will come through internationalization.  - Read more

  4. China has introduced a new customs clearance plan. Clearance documents subject to verification will be reduced from 86 to 48 by Nov. 1, as part of efforts to cut administrative red tape. - Read more

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Grzegorz Stec