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2023-09-29 China-Japan-Koreas

10 years on, China’s Belt and Road goals shift with Beijing’s ambitions

[BenarNews] A decade ago, amid much fanfare, Chinese President Xi Jinping launched the Belt and Road program, a grand plan to build a global infrastructure and supply chains that would connect China to the rest of the world in a modern and many-pronged Silk Road — and hypothetically benefit everyone involved.

Next month, Beijing will host the third Belt and Road Forum for International Cooperation, with confirmed attendance from a number of world leaders and representatives from 90 countries, state news agency Xinhua reported. What started out as a way to boost trade ties, secure energy supplies and invest in global infrastructure has now branched out to include digital, health, cultural, security, and sustainable development projects, some of which have been dogged by labor issues and cost overruns.

Playing off the motif of the ancient trade route that linked China to the Mideast and Europe, Its components are many, and include the Digital Silk Road, the Silk Road on Ice, the Healthy Silk Road, the Space Silk Road and the Green Silk Road.

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Posted by trailing wife 2023-09-29 00:00|| || Front Page|| [11133 views ] Top
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