In this respect, a key role is played by China’s Belt & Road strategy, developed by China and first presented to the public in 2013. The idea behind this is to reopen the ancient “Silk Road”, which once led from China through Central Asia, the Middle East and central Europe to western Europe, and to supplement it by a maritime trade route.
The group contains people from all around the world, on both the buy side, including corporates and asset managers, and the sell side, along with trading platforms, ECNs and non-bank participants, drawing from the various Foreign Exchange Committees (FXCs) and beyond.