It seems strange for a development economist to talk about what the western media called “the national strategy”. But Cheng Cheng would like to call the Belt and Road an initiative rather than a strategy.
Although China’s high-level Belt and Road summit concluded in Beijing two weeks ago, the debate it has generated will continue for quite a while — especially in countries like the United States, where attitudes toward the initiative are ambivalent at best.
The US can play a more constructive role on the Belt and Road Initiative (BRI), according to a group of Chinese experts visiting New York.
China supports building a Silk Road in the air between Luxembourg and Zhengzhou, capital of Henan province, President Xi Jinping said on June 14.
Although Indian culture has been popular in China for some time, in the form of movies, music, yoga and food, there have also been clear misunderstandings between the two countries, especially with regard to the Belt and Road (B&R) initiative.
A diplomatic crisis has erupted as major Arabian countries represented by Saudi Arabia, the United Arab Emirates, Egypt and Bahrain have all severed ties with Qatar, which is considered by China a crucial partner in promoting the Belt and Road initiative. How will the crisis affect China`s initiatives in the Middle East? What kind of measures are expected to be taken to minimize potential negative influences? Global Times reporter Ma Linna interviewed two scholars on this issue.
The two-day Belt and Road Forum for International Cooperation in mid-May held in Beijing attracted more than 130 countries. Even the US and Japan sent high-level delegations to participate in China`s biggest diplomatic event of the year. India was the only country among those along the Belt and Road that skipped the meeting on this signature project.
The two countries should better align their strategies according to the principle of equality and mutual benefits, and China is ready to steadily advance major cooperation projects with Turkey under the initiative.
The two-day Belt and Road Forum for International Cooperation has ended with great success and the joint communique showed the firm confidence and unity of the global community to work together for a better future through cooperation on the "One Belt and One Road" (B&R) initiative.
As economic globalization now faces strong headwind, the Belt and Road initiative is getting wide attention from the international community. Aside from an impetus in infrastructure development, global trade and cross-border investment, it also opens new opportunities for US-China cooperation.
The Chinese capital is in Belt and Road time with high hopes that the Belt and Road Forum for International Cooperation means a new dawn for globalization.
Chinese President Xi Jinping on Sunday said the Belt and Road initiative is "the project of the century" that will benefit people across the world, and other world leaders who attended the forum said they value the initiative and reaffirmed their support.
Globalization is facing some challenges, as even economies championing economic liberalism and free trade have witnessed waves of anti-globalization, and rising uncertainties in geopolitics have added to the tensions between major powers. What can be done to recalibrate global governance and fix the woes plaguing the world economy?
It is widely understood regarding the Beijing Belt and Road (B&R) summit on May 14-15 that the Belt and Road Initiative (BRI) is a decisive strategic project for China and participating countries. But it is still not widely grasped just how much greater the economic growth potential is in the B&R region compared to other world economic centers.
According to a study issued by the McKinsey Global Institute in 2015, the world`s economic center remained in the East like in the year 1000. The US replaced Europe as the center of the world`s economy after WWII. But with the wheels of history turning into the 21st century, China has reinstated itself as the global economic center.
The China-Pakistan Economic Corridor (CPEC) will play a leading role in the Belt and Road initiative. Recently, the Chongyang Institute for Financial Studies at Renmin University of China launched an intensive research program to look at the progress and problems of the CPEC construction in Pakistan. After assessment, we found that the construction has been unexpectedly fast. Four key areas of cooperation - energy, transport infrastructure, industrial cooperation and Gwadar Port - have made sign
The much anticipated Belt and Road Initiative forum is set to take place in Beijing. The event will be held in just over a week, on May 14 and 15. Questions some may ask could include why China is holding such an event at this time? What issues and topics will be covered, and what should we, along with others from across the globe, expect from this meeting?
China`s One Belt and One Road initiative has brought the country`s experience in industrialization and urbanization to many countries around the world, becoming a new engine of global economic development, experts said.
China is still open to the involvement of the US in any form in its One Belt and One Road initiative, experts said, cautioning that the US would be better off if the current administration changed tack on the grand initiative.
The initiative, which has three major strands -- infrastructure, trade and investment, and industrial capacity cooperation -- will inject fresh energy to the world economy.