Category: Current Affairs

All Roads Lead to China: Trillion-Dollar Belt and Road Initiative

June 27, 2019 · 3 MIN READ
One of the biggest stories in Asian business is China’s “Belt and Road” Initiative, President Xi Jinping’s signature foreign policy venture that aims to redraw global trade routes. It is estimated to cost more than $1 trillion USD, making it arguably the largest overseas investment programs ever undertaken by a single country. This could likely change the global eco-economic and geopolitical balance of power.