From megaprojects to green corridors, Belt and Road enters a new phase

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As China’s Belt and Road Initiative (BRI) enters its second decade, its playbook is changing. 

HSBC Global Investment Research’s latest report describes how the Belt and Road Initiative is moving from state-led megaprojects towards smaller, greener and more tech-focused investments driven by private capital.

Released just in time ahead of the Belt and Road Summit (September 10-11) in Hong Kong, the report identifies a growing convergence between foreign investment, the global energy transition and the internationalisation of the renminbi, with Hong Kong emerging as a key hub.

Over the years, HSBC has extended its services to help local corporates expand overseas, and capture shifting trade corridors using Hong Kong as a hub.

“Hong Kong is increasingly acting as a growth accelerator for both mainland and international firms,” said Frank Fang, Head of Commercial Banking, Hong Kong and Macau at HSBC. 

“The city’s deep capital markets, financial infrastructure and experienced talent pool make it uniquely equipped to support companies seeking regional expansion.”

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