CHONGQING: China, already at the centre of world trade, plans to spend billions of dollars to revive intercontinental land routes and develop maritime links to expand commerce and give it more weight in a freight system dominated by European shipping lines.
President Xi Jinping set out his vision during a September 2013 visit to Kazakhstan, and on Saturday he announced an initial US$40bil for a "Silk Road fund" to invest in infrastructure and industrial and financial cooperation, aiming to "break the connectivity bottleneck" in Asia.
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