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วันจันทร์ที่ 15 พฤษภาคม พ.ศ. 2560

China's leader offers billions for new Silk Road initiative

China's leader offers billions for new Silk Road initiative
- Xi made the announcement in his opening address to a two-day "Belt and Road" conference in Beijing that brought together leaders from 29 countries. It was Xi's latest high-profile appearance that seeks to cast him as a global leader and chief advocate for free trade.
"We should build an open platform of cooperation and uphold and grow an open world economy," Xi said. Despite China's public defense of free trade, Beijing faces mounting complaints that the government is hampering or reducing market access to foreign companies.
Xi said China would contribute 100 billion yuan ($14.5 billion) to the Silk Road Fund, which was set up in 2014 to finance infrastructure projects and provide aid worth 60 billion yuan ($8.7 billion) to developing countries and international organizations taking part in the initiative to revive the ancient trade route.