Understanding new markets is crucial, experts say
This year, globally minded Chinese infrastructure providers and manufacturers will earn decent dividends and reduce business risks by investing directly in markets covered by the Belt and Road Initiative, according to experts in international corporate and trading law.
Because Chinese companies are proficient in carrying out a variety of projects in developing markets, direct investment in countries along the route will give them an advantage over foreign competitors, said Elaine Lo, head of the China Practice at law firm Mayer Brown JSM, which has offices in 22 cities across the Americas, Europe and Asia.
Countries along the two trading routes - including Singapore, Malaysia and the United Kingdom - already have better infrastructure and industrial foundations to fuel their economic growth. But infrastructure development remains a key factor for several others.