Belt and Road Summits

May 14-15, 2017 :: Beijing
The Belt and Road Forum for International Cooperation took place in Beijing from May 14-15, 2017. Ambassadors from 29 foreign countries attended. The meeting was intended to create stronger cooperative relationships as well as put forward financial agreements.

Notable Takeaways

 * Xi Jinping encouraged globalization
 * China's ultimate goal is unclear and is making some countries skeptical about the initiative
 * $113 billion in infrastructure infrastructure funding
 * open agreement - anyone can join
 * India boycotted the forum; warned that the debt will be too high for participating countries