The European Investment Bank (EIB) officially announced its support for the Chinese initiative for a 'new Silk Road' (Belt and Road initiative), at an international forum on the subject opened by Chinese President Xi Jinping in Beijing on 14 and 15 May.
The EIB said that it was prepared to share its financial, technical and environmental expertise to support this Chinese initiative, adding that it recognises the initiative's potential to “promote economic growth and strengthen...