Chinese Police

Western banks eye B&R bonanza

BEIJING – With China’s Belt and Road Initiative gaining more recognition globally, Western banks including Citigroup, HSBC and Standard Chartered are rushing in for a piece of the pie in this once-in-a-generation opportunity. The initiative, proposed by President Xi Jinping in 2013, aims to create greater trade, infrastructure and people-to-people links between Asia, Europe, Africa and…



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