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Wednesday, September 30, 2015
Using Money to Pave Way For the Belt and Road Strategy
ANBOUND

Since the Belt and Road strategy was first proposed, the alignment and coordination of the development strategies of the countries along the Belt and Road has been an important way to accelerate the implementation of the Belt and Road.

Anbound's scholars are of the view that the countries along the Belt and Road hope to attract the investors from the China to revitalize their economy whereas China hopes to reduce the obstacles by coordinating their development strategies.

At the same time, although China is grappling with excess capacity, it is well capitalized and hence using money to pave the way for the Belt and Road initiatives seems to be fastest and most convenient way. From this perspective, China’s foreign exchange reserves are not that much.

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