2018 October 31

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

  1. China's central bank has inked a bilateral currency swap agreement with its counterpart in Japan. The agreement will allow the two sides to swap a total of 200 billion yuan (about 28.78 billion U.S. dollars) for 3.4 trillion Japanese yen, and vice versa.  - Read more

  2. We have said before, we will say it again – countries developing BRI strategies with China need a provincial strategy. This is highlighted by Shaanxi province alone trading over 28bn yuan with BRI countries, growth of 32% yoy. - Read more

  3. About 50 Chinese firms with around 1,000 job opportunities participated in the career fair that resonated with Kenyan youth aspiring to secure well-paying jobs and upgrade their technical and managerial skills.   - Read more

  4. Following the ZTE sage, the US has restricted American firms from selling parts to a Chinese company – Fujian Jinhua - over national security concerns. - Read more

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Grzegorz Stec