Beware of the risks before going ahead with plans
By Wang Tianling | China Daily | Updated: 2015-01-12 07:41
China put forward two major initiatives to promote trade with its neighbors: the Silk Road Economic Belt and the 21st Century Maritime Silk Road (known in short as the Belt and Road Initiative) and the $40 billion Silk Road Fund.
However, given the risky climate in which we are living and the experience of Chinese enterprises overseas, we must be aware that professional risk management in compliance with international norms is key to the development of both these initiatives.
There are eight risks China needs to consider.
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