China's investment in recreating the ancient silk route have already reached nearly $1 trillion. Dubbed the One Belt, One Road initiative, the project is China's attempt to create trade routes over land and sea between Europe and Asia.

China's trade network could reach up to more than 60 nations, which are home to 4.4 billion people. Moreover, the move would connect  economies that comprise of over 40 percent of the world's GDP. In fact, this is a gigantic program with capabilities to affect the world's trade patterns.

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Funding this gigantic program is not easy at all. According to the PBS Newshour, China has found a handful of institutions to finance its wild ambition.

China's capital city Beijing began raising a $40 billion "Silk Road Fund," which has contributed to finance Pakistan's hydroelectric power project and Russia's liquefied natural gas project. Also, PBS Newhour reveals that it is reasonable to assume that the newly opened $100 billion Asian Infrastructure Investment Bank, of which China holds 26 percent of the votes, will soon help fund projects related to the One Belt,One Road initiative. In June 2015, China Development Bank revealed plans of investing a staggering $890 billion to support more than 900 projects in 60 countries.

China's initiative is composed of two components, namely, the land (otherwise known as the Silk Road Economic Belt) and the sea (also called Maritime Silk Road).  The "Belt" here refers to the corridors that interlink the mainland to far-reaching locations of the Eurasia by road or rail. On the other hand, the "Road" will concentrate on port and shipping routes developments, linking Chinese ports with harbors in Europe and South Pacific.

TagsSilk Road, China Silk Road, One Belt One Initiative, Silk Road Fund, china, economic development