Belt and Road Weekly Investor Intelligence, #26
Tuesday, April 27, 2021
Welcome to this week’s issue of China Briefing’s Belt & Road Initiative Weekly Investor Intelligence round up.
China has been making changes to encourage more foreign participation in procurement, we look at what these are. Australia meanwhile is having a spectacular trade bust-up with China over the BRI – we look at what lies underneath the rhetoric. Meanwhile, alternative, non-China BRI funding is gaining traction for regional infrastructure builds, we look at some of these cases – and moves to offset a global digital currency move by reverting to gold. Finally, we examine cyber-security for your China business operations.
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Although the circular is not specifically aimed at BRI projects, it has an impact on foreign investors in China interested in tendering for China infrastructure build overseas as part of the Belt and Road Initiative.
Two Victoria MoU with Beijing’s NDRC withdrawn, with losses of over US$3 billion in China exports. Canberra needs to rebuild trust: The RCEP agreement is an opportunity.
Solutions to achieve cybersecurity and compliance for foreign firms setting up back-office operations in China and ways to strengthen IT support on the ground.
The World Bank has approved a US$350,000 grant to fund a feasibility study for a toll road to link Tashkent with Andijan, a project that would transform connections between the densely populated Ferghana Valley and the rest of Uzbekistan.
Unusual gold export patterns may indicate a change in US dollar debt as a global trade standard and a reversion to gold.
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