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American lawmakers are currently debating a bill that would create a new U.S. development finance agency with a $60 billion war chest. Supporters say the new entity would be a transparent alternative to China’s Belt and Road infrastructure program. If approved by the Senate, the institution would be the latest component of Washington’s Indo-Pacific strategy.

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PS: 6 BIGGEST EXTERNAL RISKS FOR THE COMING UP WEEK & LONGRUN GEOPOLITIC RISKS :1-GLOBAL ECONOMIC SLOWDOWN,PARTICULARLY CHINA;2-TRADE WAR BETWEEN MADMAN & “RED EMPEROR”:LIU HE TO VISIT USA; 3-FED RATE POLICY; 4-MADMAN’S WALL & SHUTDOWN FIGHTING;5-BREXIT DEAL VOTE;6-USA ELECTION 2020 BID https://asia.nikkei.com/Opinion/Seoul-bears-bad-news-for-the-globe

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