SUBSCRIBERS

UK's May gets invite to China's Silk Road summit: sources

Her aides confirm that she will visit China this year to discuss trade ties

Published Wed, Feb 8, 2017 · 09:50 PM
Share this article.

Beijing

CHINA has invited British Prime Minister Theresa May to attend a major summit in May on its "One Belt, One Road" initiative to build a new Silk Road, diplomatic sources told Reuters, as London said she would visit China this year.

"One Belt, One Road" is Chinese President Xi Jinping's landmark programme to invest billions of dollars in infrastructure projects, including railways, ports and power grids, across Asia, Africa and Europe.

China has dedicated US$40 billion to a Silk Road Fund and the idea was the driving force behind the establishment of the US$50 billion China- backed Asian Infrastructure Investment Bank.

China has so far giv…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here