Richard N. Cooper via Caixin | In 2013 President Xi Jinping announced the Belt an Road initiative to create a new Silk Road, by land and by sea. The sea route has been well-established since the Suez Canal opened in 1869, but modernizing land routes will be much more difficult, both in engineering terms and especially in economic terms.
By Zhang Yiqing via Caixin | Against the backdrop of the world’s excess liquidity, the Belt and Road initiative offers infrastructure construction opportunities that provide investment returns while also generating economic value and social benefits.
Michele Geraci via Caixin | The Asian Infrastructure Investment Bank. The “belt and road” initiatives. The yuan entering the International Monetary Fund’s basket of reserve currencies. The Winter Olympics in Beijing. President Xi Jinping’s many trips abroad. His banquets with Queen Elizabeth and handshake with Japan’s prime minister, Shinzo Abe.