Malaysia May Cancel Two Major Belt & Road Projects

On Tuesday, August 21, Malaysian president Mahathir Mohamad concluded his first visit in Beijing. During his 5-day visit, Mohamad re-negotiated with China for some $22 billion U.S. dollar infrastructure projects under the Belt and Road Initiative (also known as the One Belt One Road (OBOR) Initiative), in an effort to free Malaysia from their national debt crisis. Unlike his Beijing-friendly precursor, Mahathir is attempting to cancel two major China-backed infrastructure projects already in agreement with Beijing. – Weiting Li

August 23, 2018

US and China Still Negotiating on Trade

The most recent round of US-China trade talks ended on Sunday, June 3 without any signed trade deals. Some reports earlier this week claimed that China agreed to buy more agricultural products, including soy beans and corn as well as energy products such as natural gas. – Ziqing Zhang