Belt and Road Forum brings clarity but not yet fees

The B&R forum held in Beijing brought a little clarity to a so far rather nebulous concept.

Belt-and-Road-forum-R-600
Brought into focus: Chinese president Xi Jinping welcomes heads of states
to the Belt and Road Forum

The summit in May brought, for example, the commitment of a further RMB780 billion to overseas initiatives in 60 countries, split between the Silk Road Fund, the two policy banks – China Development Bank and China Eximbank – and Chinese commercial banks.

International banks say there are Belt and Road (B&R)-related projects to bid and work on now, in Pakistan for example, though there is already a steady creep of unrelated projects under the umbrella of B&R during bank pitches.

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