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Chinese president Xi Jinping said that Chinese company invested close to $15 billion in various countries constituting Silk Road Initiative.

Pres. Xi’s Visit to CEE Countries Seen to Strengthen China’s Silk Road Economic Belt initiative

Jun 14, 2016 08:11 PM EDT

President Xi Jinping's scheduled visits to Serbia, Poland and Uzbekistan are expected to foster greater economic cooperation among countries involved in China's Silk Road Economic Belt initiative.

China Spent Almost $1 Trillion for One Belt, One Road Initiative

Charissa Echavez |

Mar 04, 2016 10:11 AM EST

China's investment in recreating the ancient silk route have already reached nearly $1 trillion. Dubbed the One Belt, One Road initiative, the project is China's attempt to create trade routes over land and sea between Europe and Asia.

China, Russia Ink Over 30 Economic Deals in Joint Meeting

Desiree Sison |

Dec 18, 2015 06:13 AM EST

China and Russia signed more than 30 agreements, mostly on future economic areas such as in production capacity and equipment manufacturing, at the 20th China-Russia Prime Ministers' Regular Meeting in Beijing on Thursday.