2018 October 6

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

  1. The US dollar continued to soar in value this week, signaling the likelihood of more interest rate rises and spelling trouble for developing countries that have borrowed heavily in the greenback.  - Read more

  2. Record two-way trade with China helped Australia to log a monthly trade surplus in August, its 13th in the last 15 months, and backed by a surge in gas exports. Exports grew 15.3% in the year to August, the strongest annual rate in a year. - Read more

  3. Uzbekistan and Kazakhstan may introduce a common visa entitled "Silk Road", Kazakh media reported. This was announced at the "Tourism on the Silk Road" conference, which opened yesterday in Tashkent. The common visa involves free movement from country to country for tourists.   - Read more

  4. Italy’s government is scrapping the previous administration’s efforts to limit Chinese investment in strategic sectors in favor of fostering relations with Beijing by opting to participate in Belt and Road. They will become the first G7 country to join. - Read more

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Grzegorz Stec