Topics

Silk Road Initiative (China)

The Silk Road Initiative is a Chinese economic development plan that aims to boost economic development in countries along the ancient Silk Road trade route.

The initiative, also known as the One Belt One Road (OBOR) or the Belt and Road Initiative (BRI), was launched by Chinese President Xi Jinping in 2013 and is seen as a key part of China's foreign policy.

It involves investing in infrastructure projects such as roads, railways, ports, and airports in countries in Asia, Europe, Africa, and the Middle East.

The long-term goal of the initiative is to promote economic development and trade between China and the participating countries, and to enhance China's economic influence around the world.

The Silk Road Initiative has been met with both support and criticism from various quarters. Some have praised it as a way to promote economic development and regional integration, while others have raised concerns about China's intentions and the potential for the initiative to be used as a tool for Chinese political influence.

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.