 |
The $40-billion Silk Road Fund exclusively designed to finance the Belt and Road Initiative was activated in February. The fund made its first investment in April for a hydropower project in northeastern Pakistan.
Sixty-five percent of the fund is tapped from China's foreign currency reserves, while the rest from the government's sovereign wealth fund, China Investment Corp and two policy banks.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
