Weekly Top News - 2019 February 10
Here is the Belt & Road Today brought to you by Belt and Road Advisory
US President Donald Trump has announced in his State of the Union speech that he will hold a second nuclear summit with North Korea's leader in Vietnam on 27-28 Feb. - Read more
At a reception to mark 40 years of ties, Chinese Ambassador to the United States Cui Tiankai said China will open its door wider to the U.S. and seek more cooperation, while inviting Washington to join the upcoming Belt and Road Forum in Beijing. - Read more
Huawei Technologies is asking suppliers to move some production to China as it braces for possible restrictions on access to US technology that could starve the Chinese group of components vital to its business. - Read more
China has kept Venezuela afloat by lending billions to the economically crippled petrostate. Those deals were struck with Maduro, whose leadership is facing a serious challenge from Juan Guaido, and it's not clear what happens to that debt if Maduro is kicked out of office. - Read more
Stocks fell after Larry Kudlow, the director of the White House's National Economic Council, suggested that the US and China may not be able to come to a new trade deal before next month. Separately Trump ruled out a meeting with Xi before March 2nd deadline. - Read more