BEIJING — Pledging more than $100 billion in financing, Chinese President Xi Jinping called Sunday for closer cooperation across Asia and Europe in areas from anti-terrorism to investment as leaders from 29 countries gathered to promote a Chinese initiative that could increase Beijing’s global influence.
The “Belt and Road Initiative” calls for building ports, railways and other facilities in a vast arc of 65 countries. Other countries welcome the investment, but governments including the United States, Russia and India have expressed unease that Beijing also might be using the effort to increase its political stature.
Speaking before an audience that included Russian …read more
Source: The News
