Sunday, May 14, 2017

China pledges more than $100 billion in Belt and Road projects

(Source: CNBC) China is pledging more than $100 billion to finance projects under its "One Belt, One Road" strategy, an ambitious initiative to strengthen the world's second-largest economy's investment, influence and trade links to the rest of the globe. "China will endeavor to build a win-win business partnership with other countries participating in the Belt and Road Initiative," President Xi Jinping said in his opening speech at a two-day forum on the plan. "These efforts are designed to promote growth both in our respective regions and globally."  Read the story at

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