General Electric Co and a Chinese state fund set up for the Belt and Road trade initiative plan to jointly establish an energy infrastructure investment platform, China's government said on Thursday. The announcement came on the sidelines of a state visit to Beijing by US President Donald Trump, who has been looking to rev up US-China trade. The Silk Road Fund and GE Energy Financial Services signed a "cooperation" deal to set up the platform in Beijing, the State Administration of Foreign Exchange (SAFE) said in a statement. "The two sides will jointly ...
US-China trade: Silk Road Fund, GE to launch energy investment platform
The Silk Road Fund and GE Energy Financial Services signed a 'cooperation' deal to set up the platform in Beijing