Economic

China Development Bank commits $250bn to Belt and Road

“China may have become more cautious on its mounting corporate debts, but it has no intention of slowing its investments in the Belt and Road Initiative, with the country’s biggest foreign investment bank committing $250 billion in loans to the trade plan — an amount larger than the annual gross domestic product of Greece or Finland in 2016.”

Source: China Development Bank commits $250bn to Belt and Road- Nikkei Asian Review

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