One Belt One Road Europe
China and Singapore upgraded their Free trade Agreement. This FTA now mentions the Belt and Road Initiative.
Both countries also agreed to further develop the International Land Sea Trade Corridor (ILSTC) or Chongqing Connectivity Initiative.
The China Securities Regulatory Commission (CSRC) has authorized seven Chinese and foreign companies to issue “Belt and Road Initiative” bonds for a total of 50 billion RMB through Shanghai and Shenzhen Stock Exchanges.
European companies show strong willingness to participate in the BRI; it is now up to European governments to support this trend and promote trade between Europe and Asia.
On March 2, 2018, China Mobile inaugurated its new offices near Paris. It is the third Chinese phone company to enter the French market after China Telecom and China Unicom.
Two Asian airlines companies Air Astana (Kazakhstan) and Cathay Pacific (Hong Kong) will begin reciprocal codeshare partnership for several destinations from Central Asia to Australia.
On August 18, 2017, China’s State Council disclosed new rules regarding Chinese investments abroad. According to the new regulation, Chinese companies will have to restrict their investments abroad in the most speculative sectors such as real estate, sports, entertainment, and
In August 2017, several initiatives took place in the Persian Gulf that illustrated regional interest in the BRI. Dubai-based Hamdan Bin Mohammed Smart University organized a round table on Islamic finance and the Belt and Road initiative. This event brought