Thursday, August 24, 2017

Silk Road Fundraising Begins

China's 'big four' banks to raise billions for Belt and Road deals

A Chinese clerk counts US dollar banknotes at a bank in Huaibei city, East China's Anhui province. [Photo/IC] HONG KONG-China's major State-owned commercial banks are raising tens of billions of dollars to fund the country's Belt and Road investment push, according to people familiar with the matter. The people said China Construction Bank Corp, the country's…