Weekly Top News - 2018 September 30

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

  1. China-US relations see one of their worst weeks in recent memory. Trade talks cancelled, military talks cancelled, Trump says Xi may no longer be his friend - Read more

  2. On Monday, Maldives elected a new President Ibrahim Mohamed Solih. Some 90% of eligible voters turned out. Mr. Solih won with 58% of the vote after promising to restore democracy and improve relations with the West. He also vowed to take a harder line against Chinese investment. - Read more

  3. Saudi Arabia agrees to participate in China the Pakistan Economic Corridor project and pledges an investment of 10 billion U.S. dollars. That represents around 15% of the total value of CPEC.  - Read more

  4. The People's Bank of China, the central bank, and the Ministry of Finance jointly issued regulations on Tuesday to promote bond issuances by foreign institutions in the Chinese mainland interbank bond market (also known as panda bonds).   - Read more

  5. The United States is planning to set up an agency with a $60 billion budget to invest in developing countries, the Financial Times reports. The move is planned to provide an alternative to the Belt and Road - Read more

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Grzegorz Stec