2019 January 15

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

  1. Another BRI center has been inaugurated abroad. China's Renmin University and Egypt's Ain Shams University on Sunday inaugurated the Belt and Road Cooperation Research Center in the Egyptian capital Cairo. - Read more

  2. China has said it will support countries in the Association of Southeast Asian Nations (ASEAN) to set up offshore renminbi markets as part of a string of measures to facilitate cross-border financial innovation. - Read more

  3. China's foreign trade hits historic high in 2018. Exports in 2018 grew well (almost 10% compared with about 8% in 2017) while imports grew the same as in 2017 (15.8%). The trade surplus with the US was the highest ever ($323bn).

  4. Foreign Direct Investment into China grew 3% in 2018 to reach $135bn, a slow down versus 2017 (+5%) and 2016 (+7%). However, Minister Zhong of MOFCOM said this still reflected progress given global FDI had fallen by 40% in 2018.


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GS