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

Topic |   Belt and Road Initiative

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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
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