China | China pledges US$124 billion for new Silk Road, says open to everyone

China pledges US$124 billion for new Silk Road, says open to everyone

The funds include additions to China Development Bank and the existing Silk Road Fund.

May 14, 2017 11:46 AM (UTC+8)
Chilean President Michelle Bachelet (L) and Chinese President Xi Jinping attend a signing ceremony ahead of the Belt and Road Forum in Beijing, China May 13, 2017. Photo: Reuters/Jason Lee
Chilean President Michelle Bachelet (L) and Chinese President Xi Jinping attend a signing ceremony ahead of the Belt and Road Forum in Beijing, China May 13, 2017. Photo: Reuters/Jason Lee