CHINA TOPIX

Updated 10:35 AM EDT, Thu, Apr 18, 2019

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Silk Road Initiative

Foreign Ministers Meet In China

China, Pakistan Sign Nearly $500M Worth of New Deals at Silk Road Summit

Pakistan and China have signed new deals worth about half a billion dollars on Saturday, ahead of Beijing's international forum on its "Silk Road" initiative.

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

President Xi Says Chinese Companies Invested $15 Billion in new Silk Road in 2015

Chinese President Xi Jinping has revealed that Chinese company invested close to $15 billion in various countries that are part of the Silk Road Initiative in 2015. The total investment is 20 percent higher than the figure in 2014. Xi noted that Silk Road Initiative is a key component of China's foreign policy.

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