Silk Road projects account for most deals

New figures from the Ministry of Commerce show that projects linked to the Belt and Road Initiative accounted for nearly half of all overseas deals by Chinese companies during the first seven months.

Officials said there were 1,786 projects registered as associated with the economic initiative, or 44.9 percent of the total number of projects abroad.

Collectively the deals were worth some $49.44 billion, 39.6 percent more than the total for the first seven months of 2014.