A file picture of petrochemical tanks at a port in Shandong province bound for Pakistan, one of the key countries involved in China’s “Belt and Road Initiative”. Photo: Alamy
A file picture of petrochemical tanks at a port in Shandong province bound for Pakistan, one of the key countries involved in China’s “Belt and Road Initiative”. Photo: Alamy
Belt and Road Initiative
China /  Politics

China’s New Silk Road investment surges despite crackdown on overseas deals

Huge spending in 68 countries linked to government trade initiative, amid tight scrutiny of Chinese corporate buyouts abroad to rein in outflow of capital

Reuters
Reuters

Updated: 8:47pm, 16 Aug, 2017

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A file picture of petrochemical tanks at a port in Shandong province bound for Pakistan, one of the key countries involved in China’s “Belt and Road Initiative”. Photo: Alamy
A file picture of petrochemical tanks at a port in Shandong province bound for Pakistan, one of the key countries involved in China’s “Belt and Road Initiative”. Photo: Alamy
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