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Facts and figures: Belt and Road Initiative

Belt & Road

The Belt and Road Initiative, proposed by China in 2013, aims at building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes of the Silk Road to seek common development and prosperity.

chinadaily.com.cnUpdated: April 24, 2019

A worker counts Chinese currency Renminbi (RMB) at a bank in Lianyungang, east China's Jiangsu Province, Aug. 11, 2015. [Photo/Xinhua]

China has signed currency swap agreements with more than 20 countries involved in the initiative and established renminbi clearing arrangements with seven countries.

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