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Shanghai Daily News Digest

Silk Road trade revival opens opportunities   2014-05-19

 

 

CHINA’S ambition of reviving the once-glorious Silk Road trade route is firing up enthusiasm for construction, building materials and other listed companies that stand to gain from new infrastructure opportunities.

Investors will no doubt be hoping that Chinese President Xi Jinping will be discussing the New Silk Road again with the president of Kazakhstan and other Central Asian leaders on the sidelines of this week’s regional summit in Shanghai.

Xi first broached the subject on an official visit to Kazakhstan last September. In a speech at Nazarbayev University, Xi said China and Central Asian countries should join hands to build a Silk Road economic belt from China to Eastern Europe to promote trade, culture and investment.

 

 


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