China Silk Road Initiative Seen as Game Changer

China’s “Silk Road” trade and economic network, launched in 2013 by President Xi Jinping, is being seen by many as a potential "gamer changer" to boost the regional economy. The Silk Road Economic Belt policy and 21st Century Maritime Silk Road, known as the “Belt and Road” initiative, envisions strengthening China’s business ties into Asia, through Europe and Africa. Shamshad Akhtar, the U.N. Economic and Social Commission for Asia and the Pacific Executive Secretary, says,...

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