You are here

China proposes joint financing firm with Central, East Europe

The region represents a key part of Beijing's "Belt and Road" strategy
Wednesday, November 25, 2015 - 05:50

BT_20151125_NAHFIRM25_1992196.jpg
Mr Li suggested setting up "a 16+1 multilateral finance company" to finance trade and investment.

Suzhou

CHINA on Tuesday proposed setting up a new multilateral financing institution to support project lending in Central and Eastern Europe, as it looks to strengthen its influence in a region seen as a gateway to the European Union.

The proposal, floated by Chinese Premier Li

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom