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  1. Dec 19, 2022 · China’s Belt and Road Initiative (BRI) The BRI is an ambitious plan to develop two new trade routes connecting China with the rest of the world. But the initiative is about far more than infrastructure. It is an effort to develop an expanded, interdependent market for China, grow China’s economic and political power, and create the right ...

  2. t. e. The Belt and Road Initiative (BRI or B&R[ 1 ]), known in China as the One Belt One Road[ a ] and sometimes referred to as the New Silk Road, [ 2 ] is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in more than 150 countries and international organizations. [ 3 ]

  3. Oct 11, 2024 · Belt and Road Initiative (BRI), Chinese -led massive infrastructure investment project aimed at improving connectivity, trade, and communication across Eurasia, Latin America, and Africa. Among the infrastructure projects it has supported are airports, ports, power plants, bridges, railways, roads, and telecommunications networks.

  4. Overview. China proposed the Belt and Road Initiative (BRI) in 2013 to improve connectivity and cooperation on a transcontinental scale. Quantifying the impacts of the initiative is a major challenge, which is why the World Bank Group has produced empirical research and economic models that assess the opportunities and risks of BRI projects.

  5. Nov 20, 2023 · The initiative is rooted in China’s long history of facilitating trade and commerce across the ancient Silk Road routes that connected Asia, the Middle East and Europe. The BRI was established with two primary components: the Silk Road Economic Belt and the 21st Century Maritime Silk Road. The Economic Belt part of the strategy aims to build ...

  6. Feb 2, 2023 · The Belt and Road Initiative is a massive China-led infrastructure project that aims to stretch around the globe. ... China’s Belt and Road Initiative (BRI), sometimes referred to as the New ...

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  8. Oct 16, 2023 · Reporting from Beijing. China’s top leader, Xi Jinping, founded the Belt and Road Initiative a decade ago to use the country’s economic might to enlarge its geopolitical heft and counter the ...

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