'It's a Mistake to Underestimate China'
The country’s massive infrastructure project is a blueprint for growth in the developing world.
by Krishnadev Calamur
Nov 16, 2017
3 minutes
BEIJING—At the recent APEC CEO Summit in Vietnam, President Donald Trump the United States would refocus its existing development efforts in Asia toward infrastructure investment that promotes economic growth. While the room was full of hundreds of corporate and government officials from the region and around the world, Trump was delivering his remarks to an audience of one: China. “We are … committed to reforming our development finance institutions so that they better incentivize private sector investment in your economies, and provide strong alternatives
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