It’s fitting that Italy – the country that produced the world’s first sinologist Marco Polo – should be the first western economy to want to sign up to the BRI. But what do treasurers need to watch for?
“Forget Buenos Aires,” said Alicia Garcia-Herrero, Natixis’ chief economist for the Asia Pacific region. She said Japan will gain in the short term due to tariffs but the broader picture, however, is quite complicated.
China backs away from new e-commerce rules; China clarifies tax position for foreign bond holders; AML probe deepens on Japanese bank; RBA takes aim at bank profits; MAS grants first private securities platform licence