06/15/2015
China / Economics
DBS Asian Insights: Chris Leung, Executive Director and Senior Economist, Group Research, DBS Bank (Hong Kong) Limited, shares his thoughts on “One Belt, One Road” --- President Xi Jinping’s goverment is executing a strategic development concept known as “One Belt, One Road”. By setting up the Asian Infrastructure Investment Bank as a multilateral lender for countries across Asia and Europe, Chinese exports will be settled in RMB, hastening its internalisation while amplifying China’s soft power and economic influence.
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