Chinese finance minister Liu Kun defended the Belt and Road Initiative against charges that it creates debt traps at the two-day BRI forum in Beijing.
BRI is not a debt trap, he said, as he released a sustainability analysis framework for BRI projects on the event, Caijing.com reported.
The framework is based on International Monetary Fund and World Bank criteria of sustainability for low income countries, the report said.
Chinese finance ministry will also strengthen cooperation between finance ministries of other countries, multi-lateral banks and financial institutions to establish high quality and sustainable financing system, Liu said.
Yi Gang, the Chinese central bank governor, was quoted as saying at the same forum, that BRI projects now have a more comprehensive and market-oriented financing supporting system.
Chinese financial institutions have provided more than US$440 billion funds for BRI projects. By the end of 2018, 11 Chinese banks have set up 76 first-tier branches in 28 BRI countries, while nearly 50 banks from 22 BRI countries initiated their businesses in China.
Wow, great article.Really thank you! Want more.
of course like your website but you have to take a look at the spelling on quite a few of your posts.
Many of them are rife with spelling issues and I in finding it very bothersome to inform the truth then again I’ll certainly come back again.
I like the valuable info you provide in your articles.
I will bookmark your weblog and check again here regularly.
I am quite sure I will learn lots of new stuff right here!
Good luck for the next!
Woah! I’m really digging the template/theme
of this blog. It’s simple, yet effective. A lot of
times it’s very difficult to get that “perfect balance” between user friendliness and
visual appeal. I must say you’ve done a awesome job with
this. Additionally, the blog loads extremely fast for
me on Firefox. Superb Blog!
Hello there! Do you know if they make any plugins to assist with Search Engine Optimization? I’m trying to get my blog to
rank for some targeted keywords but I’m not seeing very
good success. If you know of any please share.
Thank you!
Right now it seems like Movable Type is the best blogging platform available right now.
(from what I’ve read) Is that what you’re using on your blog?
Hi there! This post could not be written any better! Reading
through this post reminds me of my good old room mate!
He always kept talking about this. I will forward this write-up to him.
Fairly certain he will have a good read. Thanks for sharing!
Thanks for some other informative site.
Where else may I am getting that type of information written in such an ideal
approach? I’ve a challenge that I’m simply now operating on, and I have been at the glance out for
such information.
Thanks very interesting blog!
Good article. I’m dealing with many of these
issues as well..
Thank you for every other excellent post. The place else could anybody get that kind of information in such a perfect means of writing? I have a presentation next week, and I’m on the look for such info.