BELT AND ROAD INITIATIVE (BRI) ON TOTAL QUALITY FINANCIAL PERSPECTIVES FOR SUSTAINABLE DEVELOPMENT

China’s Belt and Road Initiative (BRI) is to take reference from the historic Silk Roads to replicate two new modern road and maritime based Silk roads which apparently cover more than 60 countries and regions from Asia, Africa to Europe. Five aspects and beyond of BRI jointly written by ACCA-SSE (Shanghai Stock Exchange) entails for the developing areas. There is huge potential to develop Asia to Europe starting from infrastructure projects which are to invest billions of dollars. This article is focused to discuss BRI financial perspectives including policy coordination, connecting infrastructures, unimpeded trade, financial integration, and people-to-people bonds. The issues of BRI and its financial impact include: financial integration, internationalization of Chinese Yuan, four current developments relevant to BRI, trade settlement, QFII program and AIIB. Last but not the least, this paper provides 4 case studies to illustrate the BRI impact on Bank of China, Malaysia, China-Oman DUQM, and Kazakhstan’s Old Silk Road.