According to the Chinese government, more than 300 projects were signed or announced at the third Belt and Road (BRI) Forum last week, covering investment, construction and financing of ports, mining and new energy projects.

During Chilean President Gabriel Boric's state trip to China this week, the two governments signed multiple deals, indicating further collaboration in lithium, trade, the Belt and Road Initiative, and industrial investment.

To celebrate the 10-year anniversary of the Belt and Road Initiative (BRI), Beijing released a White Paper earlier this week, highlighting some achievements of the BRI on trade, investment, and infrastructure connectivity. The White Paper came one week ahead of the third Belt and Road Forum in Beijing.

Two Chinese battery materials makers recently announced investment plans in Europe and Africa to meet the growing global demand.

In a white paper released today, Beijing outlined its vision for globalization, criticizing "protectionism, the erection of fences and barriers, unilateral sanctions, and maximum-pressure tactics," as well as "de-sinicization in the name of derisking."

Italian Foreign Minister Antonio Tajani visited China this week, and issues related to bilateral trade and the Beijing-led Belt and Road Initiative (BRI) were among the topics discussed.

The U.S. Commerce Department has announced a proposed rule that would eliminate the current regulation preventing it from countervailing "transnational" or "cross-border" subsidies, with China's BRI subsidies a likely target of any new countervailing duties.