In the fall of 2013, President Xi Jinping announced China's “One Belt, One Road” global initiative, which consists of the land-based “Silk Road Economic Belt” and oceangoing “Maritime Silk Road.” Early estimate points to investments along the trade corridor to exceed $1 trillion over the next 10-15 years. The newly formed Asia Infrastructure Investment Bank (AIIB) is to serve as the financing arm of OBOR with working capital of $50 billion and potential to go as high as $100 billion.
Please join us at the San Francisco office for a breakfast briefing featuring Deputy Consul General Ren Faqiang of the Consulate General of the People's Republic of China in San Francisco and Director Subrina Chow from the Hong Kong Economic and Trade Office, where they will discuss the business implications of OBOR and AIIB.
Tickets are $15 for members of the California-Asia Business Council and $25 for non-members. For more information and to register, view the event page here.