Belt & Road: long on interest, short on money

Transit operators like Hong Kong's MTR see huge opportunities in Beijing's masterplan, but high risk means private funding is stuck in the sidings ... and some projects could go off the rails entirely.

China's grand Belt and Road Initiative is doubtless causing a stir of excitement across Asia's financial community. But the question of backing the hyperbole with cold, hard cash is perplexing not just government officials but also corporate executives.

¬ Haymarket Media Limited. All rights reserved.

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