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HONG KONG: Mergers and acquisitions by Chinese companies in countries that are part of the Belt and Road initiative are soaring, even as Beijing cracks down on China's acquisitive conglomerates to restrict capital outflows
China is signalling that it will not be splashing money indiscriminately along 65 Belt and Road nations from now on.
BEIJING: China's Belt and Road initiative must be green and sustainable, President Xi Jinping said at the opening of a summit on his grand plan on Friday, adding that the massive infrastructure and trade plan should result in "high quality" growth for everyone.
BEIJING: Chinese President Xi Jinping’s grand Belt and Road Initiative is getting a makeover to tone down government rhetoric and tighten oversight, after allegations of corruption and a lack of sustainability dogged some of its highest-profile projects.
THE first Malaysia Marathon under the Belt and Road initiative is set to attract 27,000 runners from around the globe.