Announced in 2012, the Belt and Road Initiative is helping to boost demand from developing countries at a time when China's economy is slowing and exporters face U.S. tariff hikes in a war over trade and technology.
It calls for building railways, power plants and other infrastructure across an arc of more than 60 countries from the South Pacific through Asia to Europe and Africa. Estimates of the total cost of planned projects run as high as $6 trillion, though it's unclear if all will be built.
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