When it comes to finance and the trust part, I never trust China. They may be good with tech and the infrastructure but they are shady and also predatory with their practices of the market. However it seems like China is funding a lot of blockchain projects and the apps and they wish to take the founders profit before they exit. So they are currently working with the conflux network on a project called the Belt and Road initiative. 

They even made the announcement about the same. Conflux network has the tweet that explains how the blockchain project was constructed. 

This project is going to make sure that whatever the cross border collab project work is done is on the public blockchain. This would make the transparency is trust. Again we don't know if that is true and how much of that would be honoured by china as we all know when it comes to weapons you can't trust America and when it comes to trust you can't trust China. But yeah life goes on and we make use of what works regardless of whoever builds such projects. 

And now the thing is such initiative would be funded and also in more transparency mode too. In short the way things are working around and how the life has been going on so far. I would say that such projects may have an impact on the IMF side as the transparency of such funds and the movement on public chain would be appreciated in the international market too. 

Let's see where the Conflux network would be taking this project and what are some of the new dApps and the cross border work comes out. Unfortunately the server where the whole project documentation is supposed to be accessed is under chinese walled garden and I can't access those news pieces. Let's hope something from west news network gives coverage if they get access. 

Meanwhile check the Conflux network on Twitter.