2018 October 4

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

  1. A Chinese warship has forced an American destroyer to change course in the South China Sea by sailing close to it in an "unsafe and unprofessional" manner, the US Navy says.  - Read more

  2. China's Tencent Music has filed a much-anticipated request to list its shares in the US, in what could be one of the biggest US initial public offerings by a Chinese company. The company is seeking a valuation of about $25bn (£19.2bn), according to reports. - Read more

  3. A clause in the USMCA FTA between US, Mexico and Canada prevents any one member from signing FTAs with a non-market economy. With talks progressing between Canada and China on a FTA, the clause in essence gives the US a right to veto.   - Read more

  4. From Nov 2018, China will slash tariffs on a total of 1,585 items. The average tariff rate will be reduced from 10.5 percent to 7.8 percent for these items, said the Customs Tariff Commission of the State Council.  - Read more

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Grzegorz Stec