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Economy

China aims to make Belt and Road sustainable, prevent debt risks

Updated : April 25, 2019 08:41 AM IST

China will support Belt and Road financing via multiple channels, Liu told delegates at a forum to kick off a three-day Belt and Road summit in Beijing.
Yi Gang, the central bank governor, said at the same event that local currencies will be used for investments related to its flagship infrastructure plan to curb exchange rate risks.
China will follow market principles and rely on commercial funds for Belt and Road financing, Yi said, adding that China will improve transparency for those projects.
China aims to make Belt and Road sustainable, prevent debt risks

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