Investors wary of Belt and Road project risk

Institutional investors' participation in China’s ‘belt and road’ Asia-to-Europe infrastructure scheme has been limited, but better downside risk protection would give them more confidence, said industry observers. Many asset owners in Greater China are on the lookout for belt-and-road deals, but have been cautious because of the perceived high risk involved, particularly on the political side, said Janet Li, director of investments for Greater China at consultancy Willis Towers W…