US-China trade war, financial transparency to spur more belt and road projects, says Standard Chartered

//US-China trade war, financial transparency to spur more belt and road projects, says Standard Chartered

US-China trade war, financial transparency to spur more belt and road projects, says Standard Chartered

The ongoing US-China trade war and Beijing’s commitment to adopt internationally recognised best financial practices will lead to more infrastructure projects in countries covered by the Belt and Road Initiative, according to Standard Chartered.The global bank, which serves Chinese clients’ project financing needs in 45 markets across belt and road, expects continued growth in business this year despite earlier criticism that some projects have mired host nations in “debt traps” because of…

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By | 2019-05-19T23:30:13+00:00 May 19th, 2019|Business|Comments Off on US-China trade war, financial transparency to spur more belt and road projects, says Standard Chartered