China, Russia pledge business partnership worth $50 billion as Belt & Road Takes Shape

Russian President Vladimir Putin pledged to strengthen "good neighborly" relations with China, including $50 billion in 58 business initiatives between the two countries... China has been seeking support for its "Belt and Road" economic initiative from 2013 -- the land-based Silk Road Economic Belt, starting in western China and crossing through Central Asia to the Middle East, and the Maritime Silk Road, the route around Southeast Asia, the Persian Gulf and the Horn of Africa.