Chinese lenders look to reap rewards from B&R financing opportunities

BEIJING - Chinese banks are looking to tap the opportunities arising from the huge investment and financing demands in the Belt and Road (B&R) regions, where investors are attracted by the potential of infrastructure and less-developed industries.

"Most countries along the B&R are developing economies that have numerous opportunities in infrastructure, railway transit, urban development, logistics, cross-border e-commerce and other areas," said Hong Qi, chairperson of China Minsheng Bank, a leading joint-stock commercial bank.

Infrastructure financing demand alone will amount to $10 trillion in the next five years, Hong said at a recent forum.