| Author (Person) | Baltensperger, Michael |
|---|---|
| Publisher | Bruegel |
| Series Title | Bruegel Policy Contributions |
| Series Details | No.01/2019 |
| Publication Date | January 2019 |
| Content Type | Journal | Series | Blog |
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Abstract: China’s Belt and Road Initiative (BRI) is an international trade and development strategy. Launched in 2013, it is one of the ways China asserts its role in world affairs and captures the opportunities of globalisation. The BRI has the potential to enhance development prospects across the world and in China, but that potential might not be realised because the BRI’s objectives are too broad and ill-defined, and its execution is too often non-transparent, lacking in due diligence and uncoordinated. This Policy Contribution recounts the background of the BRI and its context, what is known about the extent of the initiative and the intentions behind it. The initiative could address very large infrastructure investments gaps, which is welcome and needed. China’s goal of forging stronger links with its trading partners around the world is legitimate assuming, of course, the underlying intent remains peaceful. |
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| Source Link |
Link to Main Source
http://bruegel.org/2019/01/the-belt-and-road-turns-five/
Alternative sources
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| Subject Categories | Business and Industry |
| Keywords | Belt and Road Initiative [BRI] |
| Countries / Regions | China |
| International Organisations | European Union [EU] |
