The Belt and Road initiative has the goal to promote regional and cross-continental connectivity between China and Eurasia. The ‘One Belt’ and ‘One Road’ refer to China’s proposed ‘Silk Road Economic Belt’ and ‘Maritime Silk Road’, and will consist of a series of infrastructure investments to facilitate trade between the regions involved.
Potential challenges abound with financing the planned $890bn in investments.
What will be the role of AIIB, a China-led multilateral institution with 57 member countries? Could European banks help finance the Belt and Road through cross border lending?
More information about the event: http://bruegel.org/events/financing-the-belt-and-road-initiative/
