CDB to fund B&R projects worth $36b in three years
By Cai Xiao | China Daily | Updated: 2017-06-03 06:53
The China Development Bank will invest 250 billion yuan ($36.7 billion) in projects linked to the Belt and Road Initiative during the next three years.
The bank has bundled the funds into special loans to stimulate sustainable development.
"We will select projects that make sense financially and adhere to sustainable development principles," said Liang Huijiang, director-general of the international finance department at the CDB.
Photo
