One Belt One Road
Belt & Road: Circular dynamics
The economic fallout from COVID-19 and an antagonistic geopolitical backdrop have simultaneously stymied and validated China’s Belt & Road infrastructure agenda
CITIC Capital targets OBOR deals with blank check company
CITIC Capital has launched a special purpose acquisition vehicle (SPAC) – or blank check company – on the New York Stock Exchange to pursue deals under its One Belt One Road (OBOR) strategy.
AIIB backs two energy, infrastructure funds
China-headquartered Asian Infrastructure Investment Bank (AIIB) is set to anchor two private equity funds, including an energy-focused vehicle, with a total commitment of $125 million.
Trade war to trigger manufacturing revolution - M&A Forum
China-US trade tensions will drive a second wave in the One Belt One Road Initiative (OBOR) as Chinese companies relocate lower-end manufacturing to new markets, according to Victor Fung, group chairman of Fung Group, a Hong Kong multinational with interests...
Warburg Pincus backs $200m investment in Indonesia's NWP
Warburg Pincus has backed a $200 million funding round for Indonesian shopping mall developer NWP Retail.
Chinese investors commit $50m to India’s Ola
Indian ride-hailing app Ola has raised a $50 million round of funding from Sailing Capital and the China-Eurasian Economic Cooperation Fund (CEECF), a vehicle backed by the Chinese government to support the One Belt One Road (OBOR) initiative.
CITIC Capital invests China-Europe logistics providers
CITIC Capital has backed two China-Europe logistics providers in separate deals of undisclosed size. The GP is investing via its Silk Road Fund, which targets geographies in China’s One Belt One Road (OBOR) agenda.
Deal focus: CITIC backs China geothermal energy player
Investing in Icelandic geothermal energy required a certain level of creative thinking from CITIC Capital and China Everbright. But their partner, Artic Green Energy, is already making a difference in China's polluted cities
NDE reaches $357m close on Fund II, raises hard cap
Chinese private equity firm NDE Capital has confirmed a third close for its second fund with $357 million in commitments, surpassing a $350 million hard cap. It has raised the targeted corpus to $450 million.
Deal focus: CITIC identifies OBOR cleantech angle
Organica Water's plans to build botanical garden-style wastewater treatment plants in urban centers along the Silk Road make it well-suited to CITIC Capital's One Belt One Road (OBOR) agenda
Hony launches $300m Belt and Road fund, invests in Kazakhstan
Hony Capital has partnered with its portfolio company China Glass Holdings (CGH) to launch a $300 million fund that will invest in glass production projects in countries covered by the One Belt One Road (OBOR) initiative.
One Belt One Road: Probationary bonanza
China’s One Belt One Road agenda is set to be a driving force in M&A activity that reshapes economies across Eurasia for decades to come. Early movers are consequently negotiating a new world of variables
China M&A: Outbound 2.0
Following the issuance of regulatory guidance, the aggression and opportunism that once characterized corporate China’s approach to overseas M&A will be replaced by moderation and consideration
China, Russia plan $10.5b in OBOR investments
China and Russia have agreed to invest about $10.5 billion in two cross-border development funds as part of the One Belt One Road (OBOR) initiative.
One Belt One Road: Critical mass
One Belt One Road aims to recast two continents’ worth of disconnected developing markets as a global economic nucleus. It is a geopolitical watershed with deep and complex investment potential
CMIG to create $15b One Belt One Road fund
China Minsheng Investment Group (CMIG), the largest privately-held investment group in China, has initiated a new fund that could raise up to $15 billion for investment in overseas projects under the government-backed "One Belt One Road" initiative.
China’s first One Belt One Road project secures $1.4b facility
Pakistan’s Karot hydroelectric power project has secured a $1.4 billion facility from a group of Chinese investors and the International Finance Corporation (IFC). It is considered the first infrastructure deal under China’s One Belt One Road initiative.