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China's new Silk Road promises trade and riches, with President Xi at helm

Reuters  |  BEIJING 

By Ben Blanchard and Sue-Lin WongBEIJING (Reuters) - Chinese President Xi Jinping and 29 other heads of state on Monday reaffirmed their commitment to build an open economy and ensure free and inclusive trade, under the ambitious Belt and Road initiative led by Beijing.As a two-day summit on the project in Beijing wound up, the 30 nations also agreed to promote a rules-based, non-discriminatory trading system with the World Trade Organization at its core and to oppose protectionism, according to a joint communique signed by their leaders.In the communique, China and other nations underlined ...

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First Published: Mon, May 15 2017. 22:09 IST
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