17.02.2015 - China's Silk Road dream falls into place with US$40b fund
Beijing has launched its US$40 billion Silk Road infrastructure fund along the lines of a long-term private equity venture to boost businesses in countries and regions along the route, the central bank governor said. The announcement serves as a prelude to the publication of a blueprint that sheds light on the country's ambitions to create the New Silk Road economic belt and the 21st-century maritime Silk Road. The fund's investors included China's foreign-exchange reserves, Export-Import Bank of China, China Development Bank and the country's sovereign wealth fund, the PBOC said...............................................Full Article: Source
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