2019 February 20


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

  1. China's commercial banks are gearing up to issue more perpetual bonds in an attempt to recapitalize the institutions ahead of an anticipated slowdown of the country's economy, the deputy governor of the People’s Bank of China said. - Read more

  2. China’s reveals details of Greater Bay Area plan to turn Hong Kong and 10 neighboring cities into economic hub. Years in the making, the scheme embodies President Xi’s ambition to build innovation and finance powerhouse to rival Silicon Valley & Tokyo Bay Area. - Read more

  3. Xi'an, heart of the ancient silk road, saw a 30% increase in trade volume in 2018. The city launched 1,235 China-Europe freight trains in 2018, 6.4 times the number in 2017, transporting a total of 1.2 million tonnes of goods with a value of $1.72 billion. - Read more

  4. Myanmar held its first Belt and Road steering group committee, formed in September 2018. Vice-President U Myint Swe called for the engagement between respective ministries and regional governments for better implementation of BRI projects. - Read more

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Grzegorz Stec