Even while India decided to boycott China's first Belt and Road Forum (BRF), China's richest man, the billionaire head of the Wanda Group, Wang Jianlin, praised India's economic potential at the summit and highlighted his group's ambitious plans for India. India was the only major country absent at the summit, with the U.S., Japan and South Korea among those sending delegations. "Along the 'Belt and Road' are mostly developing countries with a sizable population and a considerable demographic dividend. These countries are relatively lagging behind in tourism infrastructures and offer huge opportunities for tourism investments," Wang said. Wang suggested the tourism projects offered a different model from the vast infrastructure projects China is planning under OBOR.

Source: India Today May 17, 2017 03:56 UTC