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China's 'big four' banks raise billions for Belt and Road deals

Cash raised is part of broader push by BOC to use onshore yuan capital for offshore investments

CCB is raising 100 billion yuan for a fund to specifically finance Belt and Road investment.

Hong Kong

CHINA'S largest state-owned commercial banks are raising tens of billions of dollars to fund the country's Belt and Road investment push, according to people familiar with the matter, bolstering Beijing's ambitions as private capital pulls back....