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Market Views: Can 'small and beautiful' reinvigorate China's Belt and Road Initiative?

China has invested $240 billion into its infrastructure-led Belt and Road Initiative since 2013. Ten years on, as China revives the ambitious plan, how should investors weigh up the investment opportunities and risks?
Market Views: Can 'small and beautiful' reinvigorate China's Belt and Road Initiative?
China’s Belt and Road Initiative (BRI) is back in focus after the country held its third international forum in Beijing last week, marking the 10th anniversary of President Xi Jinping’s flagship initiative. Representatives from over 150 countries across the five continents attended the forum on October 17 and 18.   During the summit, Xi announced that the country’s two policy banks, China Development Bank and the Export-Import Bank of China, will each set up Rmb350 billion ($47.…
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