Nov 11 — China’s National Development and Reform Commission said financing for
Belt and Road projects have become increasingly diversified, with Chinese
financial institutions using market-based instruments to support partner-country
projects. The NDRC said the Asian Infrastructure Investment Bank and the Silk
Road Fund are operating steadily and underpinning cooperation. It said 28
countries jointly approved Belt and Road Financing Guiding Principles and that
the Belt and Road Debt Sustainability Analysis Framework is being promoted to
improve investment and financing sustainability. RMB internationalization has
made solid progress.