Xi Jinping: China to invest $40 billion to connect Asia

During a meeting on Nov 8th that aimed to strengthen connectivity partnership, President Xi Jinping announced that China will invest 40 billion USD to set up Silk Road Fund.

He emphasized that the missions of building a silk road economic belt and a 21st century marine silk road are inter-linked and complementing each other. If the "belt" and the "road" are the two wings that help Asia’s economy take off, then connectivity is the veins and nerves of the […]Read more…