Since its introduction by Chinese President Xi Jinping in 2013, the “one belt, one road” initiative, which entails the revitalization of the ancient overland and maritime Silk Road trade routes, has attracted considerable attention. For good reason: The project implies unprecedented opportunities – and challenges.
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BEIJING – Since its introduction by Chinese President Xi Jinping in 2013, the “one belt, one road” initiative – an ambitious plan to revitalize the ancient Silk Road overland and maritime trade routes linking East and West – has attracted considerable attention. And for good reason: The project, which involves more than 60 countries and quite a few international organizations, implies unprecedented opportunities – and challenges.