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China, IMF launch new centre to support B&R

IANS  |  Beijing 

and the (IMF) established a new centre on Thursday to support the former's grand multi-billion Belt and Road Initiative.

The aims to provide personnel training, support institution building and boost communication for countries along the Belt and Road, according to a statement issued by the (PBOC), reported.

PBOC said will enhance cooperation in financing sector to foster a more open world The centre will soon begin offering macro-financial training courses to officials from IMF member countries, IMF said at the inauguration.

China aims to connect Asia, and under the Belt and Road project. However, many countries including suspect that has geostrategic designs behind the project, which calls purely an economic one.

--IANS

soni/mr

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 12 2018. 19:14 IST
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