Railway construction is a key element of the One Belt, One Road initiative, and steel mills, such as this one in Dalian, Liaoning, will play an important part in the strategy. Photo: Alamy
Belt and road is ‘Marshall Plan without a war’, analysts say, as Beijing and banks woo private-sector investors
All sectors can gain from the government initiative, but China’s private sector prefers to wait and see, analysts say
Railway construction is a key element of the One Belt, One Road initiative, and steel mills, such as this one in Dalian, Liaoning, will play an important part in the strategy. Photo: Alamy
