BEIJING -- Chinese President Xi Jinping on Sunday pledged an additional 100 billion yuan ($14.5 billion) for a fund that is spearheading infrastructure development along the new Silk Road envisioned by the government.
A two-day international forum on the Belt and Road Initiative kicked off here on Sunday. In his keynote speech, Xi acknowledged that financing for the ambitious project presented a challenge. The Silk Road fund, established in 2014, currently totals $40 billion.
