Belt and Road Weekly Investor Intelligence, #34

Posted by Reading Time: 2 minutes

Tuesday, June 22, 2021

There was a great deal of geopolitical posturing last week during the Biden-G7 summit and the US President’s meeting with Vladimir Putin. We summarize the latter summit and refer to the implications.

Elsewhere, somewhat slipping under the radar given all the G7 noise, have been developments concerning the Shanghai Cooperation Organisation and Eurasian Economic Union – both of whom are planning significant expansion of free trade within Eurasia and on a global basis. The EAEU’s revised FTA with Iran is a case in point.

On the other hand, the EU’s sanctions on Belarus will drive Minsk further into the arms of Moscow – with potentially damaging consequences for Brussels – and we explore this possibility at a time when bureaucrats appear to be passing sanctions without due process.

Moving to China, we provide a snapshot view of the country’s trade relations with each of its 14 bordering countries. And finally we look at how, despite US and G7 attempts to discredit the Belt & Road Initiative, China to BRI real infrastructure investment volumes increased nearly 14 percent in the five months – January-May – of this year.

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About Us

Dezan Shira & Associates provide business intelligence, market research, legal, tax and compliance issues for foreign investors throughout Asia, and have 28 offices across the region. We are members of the Leading Edge Alliance, a network of related firms with offices throughout the world. For assistance with Belt & Road Initiative research, please contact us at silkroad@dezshira.com or visit us at www.dezshira.com. To subscribe to our Belt & Road Initiative portal, please click here.