Tsipras will sign the pact with the National Development and Reform Commission of the People's Republic of China during the May 14-15 forum, which will take place in the context of the One Belt One Road Initiative.
There has been nearly relentlessly upbeat coverage in China ahead of the Belt and Road Forum, including documentaries on state television and smiling citizens in project countries praising the changes it has brought.
China is far from alone in promoting infrastructure investment.
Last year, Perfect World and Universal Pictures announced the completion of a US$500 million financing deal running up to five years that will make the Beijing-based maker of films, television programs and online games a major investor in one of Hollywood's most successful studios.
South Korea launched its "Eurasia Initiative" in 2013 to develop rail, trade and energy links across the two Koreas and Russian Federation to Europe.
It has committed a total of about $100 billion to three new infrastructure funds: a $ 40 billion fund to the Central Asia-focused Silk Road Fund, a $ 50 billion fund to a new Asian Infrastructure Investment Bank (AIIB) and a $ 10 billion fund to the BRICS-led New Development Bank. The U.S. and Japan have so far stayed away.
What is the Belt and the Road? China Pakistan Economic Corridor (CPEC) is the flagship programme of OBOR.
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A billboard showing pictures of Chinese President Xi Jinping, centre, with Pakistan's President Mamnoon Hussain, left, and Prime Minister Nawaz Sharif on display during a visit by the Chinese president to launch an ambitious $45 billion economic corridor linking Pakistan's port city of Gwadar with western China, in Islamabad, Pakistan.
"One Belt, One Road" could help China's exporters by encouraging countries to adopt its industrial standards for railways and other products, locking buyers into sticking with them for repairs or additional technologies. "'We're going to have to bow to their standards and if they're Chinese standards, then Chinese companies are going to have an advantage over our companies in our country, '" the former USA ambassador described officials as telling him.
Another example is a video game adapted from Chinese Kong Fu novels, which became so popular overseas that it actually boosted the original book's sales in South Korea by over 20 percent as soon as the franchised game hit the market, he pointed out.
Pakistani officials say much of the Chinese money for power projects is investment, not loans but have given few details, raising questions about whether other projects can pay for themselves.
But Indonesian leaders also are wary of a backlash in a country where resentment of ethnic Chinese billionaires simmers.
Twenty-eight heads of state and government, over fifty leaders of global organizations, over one hundred ministerial-level officials and over 1,200 delegates from various countries and regions will participate in the forum.





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