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China Intel Briefs: November 12-18

A weekly roll-up of news and events highlighting opportunity and risk to companies operating in China & Southeast Asia. This weeks China Intel Briefs Cover the ASEAN summit underway in Singapore with landmark e-commerce agreement, China temporarily reinstates ban on rhinoceros’ horns and tiger bones, Central Bank of China will cushion but allow for declining yuan, Asia free-trade deal stalls at ASEAN, Young ‘Marxists’ detained and missing in China , President Xi visits APEC Summit , Monetary easing supports Chinese bonds, and U.S. President Donald Trump raise hopes for China trade deal….. Read More Here…..

U.S. Announced Investment & Security Funding to Indo-Pacific

On July 30, FAO Global attended the Indo-Pacific Forum held at the U.S. Chamber of Commerce in which U.S. Secretary of State, Mike Pompeo, announced that the United States will invest $113 million in the Indo-Pacific region to develop technology and infrastructure. This initiative likely intended to counter growing Chinese influence as part of the Belt and Road Initiative (BRI). – Ziqing Zhang

For a more detailed summary and our assessment, read more here.

Event Brief: Impacts to U.S. Firms from the Belt & Road Initiative

On June 29th 2018, the Center for International Private Enterprise (CIPE) hosted an event on China’s Belt & Road Initiative (BRI) and how firms can work to mitigate the impacts. Since opened on May 14, 2017, BRI has initiated massive development projects that aim to improve infrastructure in developing countries throughout Central Asia, Eastern Europe, and South Asia. Due to high demand and a lack of quality infrastructure in those countries, BRI is highly welcomed and needed. As increasing capital flows from both public and private sectors, today’s panel focused on what the opportunities and risks are for investors in terms of global governance and the regional impacts of BRI. The moderator for the panel was Abdulwanhab Alkebsi, the managing director for programs at CIPE, and the panel invited 3 experts from CSIS, Brookings, and CIPE to discuss on issues related to investment in BRI and global governance.