Xi pledged $124 billion on Sunday for his new Silk Road which aims to bolster China's global leadership ambitions by expanding links between Asia, Africa, Europe and beyond, as US President Donald Trump promotes "America First". "We need to improve policy coordination and reject beggar-thy-neighbour practices," Xi told the 29 national leaders attending the forum. CHINA'S ANSWER TO TRANS-PACIFIC PARTNERSHIPThe Belt and Road initiative is seen as part of China's answer to the Trans-Pacific Partnership (TPP) deal, a regional trade pact involving Pacific Rim countries, but excluding China. BELT AND ROAD PLAN INCLUSIVEIn contrast, Xi said China's Belt and Road plan would be inclusive and open to all. Also read: 'Nervous' India can't stop neigbours backing OBOR: Chinese mediaAlso read: When Russian President Vladimir Putin started playing piano while waiting to meet China's Xi JinpingWATCH THE VIDEO HERE

Source: India Today May 15, 2017 05:35 UTC