2018 October 3

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

  1. Islamabad has reduced the loan of its largest Belt and Road project in Pakistan by $2 billion, railway minister Sheikh Rasheed said on Monday, citing government concerns about the country's debt levels. This will likely mean the project will be downsized too.  - Read more

  2. China canceled a high-level annual security meeting with the U.S. planned for mid-October, the latest sign of simmering tensions between the two countries. The Chinese side was set to meet U.S. Defense Sec. Jim Mattis in Beijing. - Read more

  3. Dubai Ports has announced plans to build a ‘Belt and Road’ hub in partnership with Zhejiang Provincial Seaport Investment & Operation Group. The station will integrate logistics, warehousing, e-commerce, circulation processing and distribution display services through an e-platform.   - Read more

  4. The Trump administration debated banning visas for Chinese nationals to come and study at US universities for fear of spying, the Financial Times has reported. The proposal eventually got shot down.   - Read more

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Grzegorz Stec