A strategy for growth: China’s development initiatives

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The world economy needs a growth-lifting strategy, and infrastructure financing appears to hold the key. The vision of China’s leaders for the Silk Road Economic Belt and 21st Century Maritime Silk Road (One Belt One Road) is winning the support of leaders throughout Asia and beyond. Two new development banks have been established focusing on infrastructure: the New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB). A Silk Road Fund was established in January 2015 and a

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