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China’s $900 billion New Silk Road. What you need to know What can the New Silk Road do for global trade? 5 things to know about the New Silk Road A new global superpower Some Western diplomats have been wary in their response to the proposed trade corridor, seeing it as a land grab designed to promote China's influence globally, but there’s little evidence to suggest the route will benefit China alone
China’s Belt and Road Initiative turns 10. Here’s what to know This fall marks ten years since Chinese President Xi Jinping announced the Belt and Road Initiative, the vast infrastructure project that China devised to boost trade and connectivity across Asia, Europe and Africa
A brief history of globalization | World Economic Forum But if the old Silk Road thrived on the exports of luxurious silk by camel and donkey, the new Alibaba Xi’an facility would be enabling a globalization of an entirely different kind It would double up as a big data college for its Alibaba Cloud services Technological progress, like globalization, is something you can’t run away from, it
What can the New Silk Road do for global trade? The success of the New Silk Road depends as well on clear governance rules and mechanisms This includes the answer to the question of whether this project requires an independent organisation or can handle strategic decision-making and dispute resolution in a bilateral or multilateral way The incentive to get this right is huge
Why is China building a New Silk Road? | World Economic Forum China is reviving the historic Silk Road trade route that runs between its own borders and Europe Announced in 2013 by President Xi Jinping, the idea is that two new trade corridors – one overland, the other by sea – will connect the country with its neighbours in the west: Central Asia, the Middle East and Europe
How China’s first ‘silk road’ slowly came to life - on the water . . . Few images are more enduring in the historical imagination than the train of two-humped Bactrian camels plodding across desert sands from west to east, or vice-versa, across the vast open spaces of Eurasia Now that China is edging towards a modern incarnation of the “silk road” it is worth remembering how this emblem of the ancient world actually came into being
5 things to know about the New Silk Road | World Economic Forum The new Silk Road is sure to expand it further, and in the long term, all parties stand to gain, as postulated by basic economic theory In the short term, however, some industries will be affected more than others, and it would be safe to assume that the long-term gains as well as short-term pains will be uneven among the EU’s 28 countries
Three ways China can make the New Silk Road sustainable The emergence of China as an economic and political power in the past decade has made waves in the ocean of geo-economics and geopolitics, especially with the country’s “Belt and Road Initiative” (BRI), a recent ambitious infrastructure project along the ancient land and maritime Silk Road routes Through the BRI, China aims to strengthen connections between Asia, Europe and Africa, and
How will a modern Silk Road affect China’s foreign policy? “The Silk Road has been part of Chinese history, dating back to the Han and Tang dynasties, two of the greatest Chinese empires,” says Friedrich Wu, a professor at the S Rajaratnam School of International Studies in Singapore “The initiative is a timely reminder that China under the Communist party is building a new empire ”