Fund mulled to support Belt, Road projects
By Chen Jia | China Daily | Updated: 2019-03-18 07:27
Proposed financing body could include global agencies, countries involved, executive says
China Investment Corporation, the country's sovereign wealth investment fund, is seeking global partners to jointly establish a special cross-border investment instrument which will further finance Belt and Road projects, said a senior company executive.
"We call it the Belt and Road cooperation fund," Tu Guangshao, CIC vice-chairman and president, said in an exclusive interview. Other arrangements, including the fund's scale, specific investment methods and investment currency, are all "too early to be determined".
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