Going Big: China’s Belt And Road InitiativeThe most ambitious of the new crop of mega infrastructure projects is China’s trillion dollar Belt and Road initiative, which aims to connect Asia, Europe, the Middle East, and Africa with an enormous logistics and transportation network. What struck me most was how passionate businesses are about the Belt and Road initiative and how government and business have come together to commit to this strategic national effort. One executive explained to me that most businesses are expected to address how they support the initiative in their board level corporate plans. Chinese companies want to be seen as good corporate citizens in the eyes of the Chinese government. So far, roughly $350 billion in Belt and Road development projects have been financed, with the bulk of that financing coming from Chinese development banks.

Source: Forbes March 28, 2018 18:00 UTC