Trade
Road to success?
Beijing is dusting itself off after a recent sandstorm ahead of the arrival of 28 world leaders this weekend for China’s inaugural Belt and Road Forum. President Xi Jinping’s signature policy aims to revive two historic trade routes between Asia and Europe and the Chinese premier will host a roundtable with regional leaders and like-minded autocrats, including Russia’s Vladimir Putin, Turkey’s Recep Tayyip Erdogan and Hungary’s Viktor Orban. China claims to have spent $50bn (€46bn) on belt-and-road infrastructure so far and many delegations will arrive with cap in hand; China’s central bank is even minting a commemorative coin to mark the event. The prime ministers of Spain, Italy and Greece will lead the delegation from Europe but just why the leaders of Argentina and Chile are making the journey is anyone’s guess. A selfie with all of those strongmen perhaps?