Belt and Road Initiative Project Financing and Hong Kong

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)12_Chapter in an edited book (Author)

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Detail(s)

Original languageEnglish
Title of host publicationHong Kong Professional Services and the Belt and Road Initiative
Subtitle of host publicationChallenges for Co-evolving Sustainability
EditorsLinda Chelan Li, Phyllis Lai Lan Mo
Place of PublicationLondon
PublisherRoutledge
Chapter3
Pages71-91
Number of pages21
ISBN (Electronic)9781003159308
ISBN (Print)9780367747367, 9780367747381
Publication statusPublished - 2023

Abstract

Belt and Road Initiative (BRI) projects often involve infrastructure construction which demands huge funding. The lack of funding from the host countries and international institutions has resulted in large funding gaps for those projects. This chapter discusses how Hong Kong can leverage its competitive advantage as an international financial centre to take an active role in BRI project financing. While there are high expectations from stakeholders in China, there are different views from stakeholders in Hong Kong. To fill these gaps, innovations in investment and financing model coupled with developing a BRI credit rating framework to support the growth of bond market for BRI projects are proposed.

Citation Format(s)

Belt and Road Initiative Project Financing and Hong Kong. / Wong, Michael Chak Sham; Mo, Phyllis Lai Lan; Li, Linda Chelan et al.

Hong Kong Professional Services and the Belt and Road Initiative: Challenges for Co-evolving Sustainability. ed. / Linda Chelan Li; Phyllis Lai Lan Mo. London : Routledge, 2023. p. 71-91.

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)12_Chapter in an edited book (Author)