The two-day Belt and Road Forum will see leaders from 29 nations gather in Beijing for the initiative that aims to develop economic links between Asia, Africa and Europe.
President Xi Jinping greeted leaders from 29 nations for the two-day summit in Beijing after US and South Korean military officials confirmed that Pyongyang had launched a ballistic missile.
Chinese President Xi Jinping pledged $124 billion on Sunday for his ambitious new Silk Road plan, saying everyone was welcome to join what he envisioned would be a path for peace and prosperity for the world.
Chinese President Xi Jinping hosted dozens of world leaders and senior officials yesterday for the country's biggest diplomatic showcase of the year, touting his vision of a new "Silk Road" that opens trade routes across the globe.
"Although the Northern Australia initiative is separate to the Belt and Road Initiative, there are clearly complementarities there so we can share knowledge and we can share experience for the benefit of both nations", he told reporters in Beijing, where he is representing Australia at a summit on the new Silk Road.
Mr Xi did not give a timeframe for the distribution of funds pledged for the projects outlined on Sunday.
The CPEC has emerged as a thorny issue between India and China, whose ties have been under strain over issues that include Beijing blocking New Delhi's bid for the Nuclear Suppliers Group and Tibetan spiritual leader, the Dalai Lama's visit to Arunachal Pradesh in northeast India last month.
Bear struck by vehicle on California freeway near mountains
A bear was spotted limping along the side of the Foothill (210) Freeway may have been struck by a auto , authorities said Monday. The 200-pound bear was first spotted at about 7:44 a.m.in the lanes of the westbound 210 Freeway at Foothill Boulevard.
Army inquiry on human shield still to conclude
A video of the incident was uploaded social websites, generating massive outrage and worldwide condemnation. Senior officers have reportedly termed it "one-off incident that was blown out of proportion".
The Belt and Road is a grand economic cooperation and development plan open to everyone, and is aimed at improving infrastructure in countries along the Belt and Road route, thus benefiting the local people, it said.
Hammond offered strong support for what China formally calls the Belt and Road initiative, as he spoke at the opening of a summit on the plan in Beijing.
President Xi also emphasized that his government would encourage financial institutions to expand their overseas yuan fund businesses to the tune of 300 billion yuan ($45 billion) for the project.
Other delegates included officials, entrepreneurs and financiers from more than 130 countries, and representatives of key global organisations such as UN Secretary- General Antonio Guterres, World Bank President Jim Yong Kim, and worldwide Monetary Fund Director Christine Lagarde.
Xi said that the Belt and Road Initiative embodies the aspiration for inter-civilisation exchanges, the yearning for peace and stability, the pursuit of common development and the shared dream for a better life. While CPEC is highlighted as "flagship project", the B&R included Bangladesh, China, India and Myanmar (BCIM) Economic Corridor, New Eurasian Land Bridge, China-Mongolia-Russia Economic Corridor, China-Indochina Peninsula Economic Corridor and 21st century Maritime Silk Road. "We are awaiting a positive response from the Chinese side", External Affairs Ministry spokesperson Gopal Baglay had said in a statement.
Sharif said the Belt and Road "rejected the encirclement for any country".
Amtrak says it understands delays can be frustrating but calls it "extremely dangerous" to approach a train on the tracks. A passenger posted a video of the deliveryman walking up to the train Sunday as it sat on the tracks.
She is the only one who can give valuable guidance whenever we feel the need and she can encourage us when we feel down. Mother's Day is about pampering your mom so if you can't afford a real spa trip for her make her one at home.
The thieves tied up the couple before making off with personal belongings such as cash and jewelry, the release states. Both victims were treated for facial injures, but are otherwise expected to be physically OK, officials said.
His commencement address follows President Obama's 2016 commencement speech at university's 250th anniversary. "Congratulations. Van Zandt is expected to take the stage sometime between 10:30 a.m. and 11:15 a.m., university officials said.
He initially thought it was a boat that got stranded, but by morning he realized it had been a living thing. Seram, the largest island in the Maluku Island group, is near the migration routes for baleen whales.
Searle & CO. purchased a new position in shares of Liberty Global plc - Class A during the first quarter worth about $620,000. Stock market analysts watching Liberty Media Corporation (NASDAQ:LMCA) have recently changed their ratings on the stock.
Jamie Carragher believes finishing in the top four could affect the quality of signings Liverpool are able to make in the summer. The striker received a great pass from Coutinho and went round the keeper, Adrián San Miguel, to put Liverpool ahead.
Ils sont présents dans cinq pays du Sahel: le Mali, le Niger, le Burkina Faso, le Tchad et en Mauritanie. Selon l'Agence France Presse (AFP), le nouveau président français sera au Mali entre jeudi et vendredi.
A l'écouter vendredi soir, si l'accord qui sera présenté à Emmanuel Macron est validé, tout ceci sera l'histoire ancienne. Elles ont entraîné "le premier gros couac du président Macron", commente samedi le quotidien Libération.
N. Korea says new long-range missile can carry heavy nuke
The latest "provocation" should serve as a call for all nations to implement far stronger sanctions against the North, it said. The U.S. military said the type of missile fired on May 14 was "not consistent with an intercontinental ballistic missile".
Worldwide ransomware attacks: What we know
The attack is due to a kind of ransomware called Wanna Decryptor, also known as WannaCrypt, WanaCrypt0r and WannaCry . The virus has affected 200,000 machines in more than 150 countries since Friday.