Nov 11 — China’s National Development and Reform Commission said financing for Belt and Road projects has become increasingly diversified, with Chinese financial institutions using market-based instruments to support partner-country projects. The NDRC said the Asian Infrastructure Investment Bank and the Silk Road Fund are operating steadily and underpinning cooperation. It said 28 countries jointly approved Belt and Road Financing Guiding Principles and that the Belt and Road Debt Sustainabilit

Nov 11 — China’s National Development and Reform Commission said financing for Belt and Road projects has become increasingly diversified, with Chinese financial institutions using market-based instruments to support partner-country projects. The NDRC said the Asian Infrastructure Investment Bank and the Silk Road Fund are operating steadily and underpinning cooperation. It said 28 countries jointly approved Belt and Road Financing Guiding Principles and that the Belt and Road Debt Sustainability Analysis Framework is being promoted to improve investment and financing sustainability. RMB internationalization has made solid progress.