SINGAPORE (May 16): China’s ambitious One Belt One Road (OBOR) initiative to connect China to markets in Asia, Middle East, Africa and Europe is expected to give a shot in the arm to countries with underdeveloped political and economic governance.

“Where sufficient domestic and foreign capital has not been mobilised to construct and maintain adequate public utility infrastructure, China’s OBOR undoubtedly improves access to capital,” says Exotix Partners analyst Hasnain Malik in a Monday report.

But Hasnain adds that “the investment case for a country cannot rest solely on the level of interest of China”.

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