German firms willing to help on China's One Belt, One Road, cost transparency needed: Minister

German firms are willing to take part in China's One Belt, One Road initiative provided the costs are laid bare.
German firms are willing to take part in China's One Belt, One Road initiative provided the costs are laid bare. PHOTO: EPA

BEIJING (Reuters) - German companies are willing to help with China's Belt and Road infrastructure-led development initiative, but improvements are needed in cost-transparency, said Germany's minister of economic affairs and energy.

Brigette Zypries, speaking on Sunday (May 14) at a summit on the programme, also called for adherence to international standards.