2019 January 24
Here is the Belt & Road Today brought to you by Belt and Road Advisory
China’s Belt and Road will add US$117 billion to global trade this year, a new study shows. The study also estimates that the Belt and Road Initiative resulted has in US$460 billion worth of investments in the five years since its inception in 2013. - Read more
Chairman Xiao of China’s State Asset Administration (SASAC) met with business leaders on the sidelines of Davos – including Standard Chartered, HSBC, Siemens, Alibaba, Fosun and Chinese SOEs. They voiced their concerns to Xiao about China’s economic policies. - Read more
The White House has rejected a trade planning meeting with China this week due to outstanding disagreements over intellectual property rules. The meetings were supposed to happen at Vice Ministerial level, led by Wang Shouwen on the Chinese side. - Read more
Chinese card payment giant China UnionPay had extended its services to 174 countries and regions by the end of 2018. Its mobile payment services are available in 46 overseas countries and regions, the company said in a statement. - Read more