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.
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