Belt & Road Initiative
China's Belt and Road Initiative (BRI), launched in 2013, is an ambitious global development strategy aimed at enhancing trade and infrastructure across Asia, Europe, and Africa through a vast network of railways, highways, and ports. While it is praised for its potential to stimulate economic growth and foster international partnerships - evidenced by over 200 cooperation agreements with more than 150 countries - it also faces criticism for leading to unsustainable debt levels in participating nations and raising concerns about transparency and governance. The media narrative surrounding the BRI reflects a complex interplay of admiration for its transformative potential and apprehension about China's expanding geopolitical influence, making it a focal point of ongoing global discourse on development and international relations.
One belt, one road initiative creates fresh opportunities for Asians investing in Africa
Published: 1 November 2016 | South China Morning Post
Confidence in the continent is high, with investment focused heavily on transport infrastructure and energy
Two decades of steady growth in Sino-African trade had made China the African continent’s largest trading partner by 2009. By 2013, China had become Africa’s biggest export and development partner, especially in Sub-Saharan Africa, according to a World Bank study.
China’s one belt, one road initiative set to transform economy by connecting with trading partners along ancient Silk Road
Published: 21 June 2016 | South China Morning Post
Central government uses land and sea routes to connect with 65 countries in Asia, Africa and Europe, targeting five areas – infrastructure, trade, policy, finance and people
In more than 30 years, China has become an economic superpower, with its influence spanning the globe.
Law firms work on ways to mitigate stakeholders’ risk in belt-road cross-border deals
Published: 21 June 2016 | South China Morning Post
Legal advisers need to take into account several factors when helping investors overcome challenges resulting from multijurisdictional dealings
China continues with its ambitious drive to cement its position as a global economic leader, and the one belt, one road initiative is testament to that aim.
RMB internationalisation: currency to grow in stature as China implements initiative
Published: 21 June 2017 | South China Morning Post
As China pushes forward with its global trade and economic initiative, the yuan can provide a strong alternative currency in belt and road economies
Much has been said about the infrastructure projects that are key components of Beijing’s global trade and economic strategy, the “Belt and Road Initiative”.