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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

China removed missile systems from disputed South China Sea

As of June 6th, images taken in the first week of June show that China has removed or relocated the surface-to-air missile systems from Woody Island, a disputed territory in the South China Sea. Beijing-based naval expert, Li Jie, said that the removal was temporary and for the purpose of maintenance. – Ziqing Zhang

China GDP grows steadily

On May 30, the International Monetary Fund (IMF) stated that China’s GDP enjoyed a 6.8% growth in the first quarter. However, the IMF currently predicts decreasing growth, down to 6.6%, due to the Sino-American trade friction’s potential impact on the country’s trade. – Ziqing Zhang

Our International Team

Lead Consultants Over a Decade of International Work in complex foreign operating environments in the public, non-profit, and private business sectors. Brandon Hughes – Washington, DC Founder of FAO Global About: Brandon Hughes, the Founder of FAO Global developed the company with a few primary goals in mind. Promote global engagement through business intelligence & diplomacy, provide…

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ABOUT US

FAO GLOBAL strives to provide accurate, timely, and usable information to enable expansion of business and non-profit organizations in foreign environments. We leverage our extensive overseas experience conducting international relations, business development,  government affairs in China, Southeast Asia, Europe, and the Middle East. We have worked with  non-profit, government, and private business at home and abroad.…

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