Joint fund to help realize vision of connectivity
One of the things that will be discussed during President Xi Jinping's state visit to the United Kingdom will be the Belt and Road Initiative, which Xi proposed two years ago as public goods to boost common development and prosperity.
There are expectations that China and the UK are planning to set up a joint fund, as Beijing has been exploring such possibilities together with Brussels and Paris.
Beijing has already injected $40 billion from its foreign reserves reservoir into the recently-formed Silk Road Fund and it is open to setting up sub-funds with any countries along the Silk Road routes. Beijing and Paris are expected to form a fund soon and Beijing and Brussels are seeking to set up a fund that will connect China's investment in the Belt and Road Initiative with the 315-billion-euro European investment plan.