Sub-title:
China is leading the effort to create the world’s largest economic platform
Description:
"More than 2,000 years ago, China’s imperial envoy Zhang Qian helped to
establish the Silk Road, a network of trade routes that linked China to Central
Asia and the Arab world. The name came from one of China’s most important exports—
silk. And the road itselfinfluenced the development of the entire region for hundreds of
years.
In 2013, China’s president, Xi Jinping, proposed establishing a modern equivalent,
creating a network of railways, roads, pipelines, and utility grids that would link China
and Central Asia,West Asia, and parts of South Asia. This initiative, One Belt and One
Road (OBOR), comprises more than physical connections. It aims to create the world’s
largest platform for economic cooperation, including policy coordination, trade and
financing collaboration, and social and cultural cooperation. Through open discussion,
OBOR can create benefits for everyone.
The State Council authorized an OBOR action plan in 2015 with two main components:
the Silk Road Economic Belt and the 21st Century Maritime Silk Road (exhibit)..."
Source/publisher:
"Google Scholar" via McKinsey & Company
Date of Publication:
2017-04-19
Date of entry:
2019-08-16
Grouping:
- Individual Documents
Category:
Geographic coverage:
- Global
Language:
English
Local URL:
Format:
pdf
Size:
2.72 MB
Resource Type:
text
Text quality:
- Good