China's 'Belt & Road' Initiative: 23 things you want to know
With the project estimated to be a $5-trillion investment, the Belt and Silk Road could be deemed as the most ambitious infrastructural development plan in history.
The Chinese recently signed a Memorandum of Understanding (MoU) on the Belt and Road cooperation with a slew of participating governments. However, so far, it hasn’t put out a comprehensive list of all BRI-related projects or deals in the public forum.
In a keynote address at the opening ceremony of the Belt and Road Forum (BRF) on May 14, 2017, President Xi said, 'We will provide emergency food aid worth RMB 2 billion to developing countries along the Belt and Road and make an additional contribution of $1 billion to the Assistance Fund for South-South Cooperation. China will launch 100 "happy home" projects, 100 poverty alleviation projects and 100 health care and rehabilitation projects in countries along the Belt and Road. China will provide relevant international organisations with $1 billion to implement cooperation projects that will benefit the countries along the Belt and Road.'
