2019 January 12
Here is the Belt & Road Today brought to you by Belt and Road Advisory
In the latest example of Belt and Road opening up to third countries, Chinese Ambassador to France Zhai Jun announced that France and China would jointly launch infrastructure and ecology projects under BRI. - Read more
MDBs are broadly backing the Belt and Road. President of the Asian Development Bank (ADB) Takehiko Nakao on Friday welcomed the initiative and described it as a “good idea”. - Read more
Poland’s counter-intelligence service has arrested Chinese sales director of tech giant Huawei and a Polish former senior intelligence agent in Warsaw on suspicion of spying. China’s MofA expressed grave concerns over the incident. - Read more
Apple shares collapsed earlier this month after warning that iPhone sales would fall short because of weakness in the China economy. Starbucks will be next, according to Goldman Sachs. - Read more
China has become a major driving force for tourism in BRI countries in recent years. The number of trips made by Chinese tourists to those countries grew from about 15.5 million in 2013 to more than 27 million in 2017, a 77% rise. - Read more