Yi Gang, governor of the People’s Bank of China, said Beijing is keen to work with international organisations, commercial lenders and financial centres to diversify funding sources for belt and road projects. Photo: AFPYi Gang, governor of the People’s Bank of China, said Beijing is keen to work with international organisations, commercial lenders and financial centres to diversify funding sources for belt and road projects. Photo: AFP
Yi Gang, governor of the People’s Bank of China, said Beijing is keen to work with international organisations, commercial lenders and financial centres to diversify funding sources for belt and road projects. Photo: AFP

Is China’s belt and road infrastructure development plan about to run out of money?

State bankers warn that debt levels in host nations are far above recognised safety levels, and say more needs to be done to attract private investors

Topic |   Belt and Road Initiative
Yi Gang, governor of the People’s Bank of China, said Beijing is keen to work with international organisations, commercial lenders and financial centres to diversify funding sources for belt and road projects. Photo: AFPYi Gang, governor of the People’s Bank of China, said Beijing is keen to work with international organisations, commercial lenders and financial centres to diversify funding sources for belt and road projects. Photo: AFP
Yi Gang, governor of the People’s Bank of China, said Beijing is keen to work with international organisations, commercial lenders and financial centres to diversify funding sources for belt and road projects. Photo: AFP
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