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This is an accepted version of this page This is the latest accepted revision, reviewed on 31 December 2024. Chinese global infrastructure project Belt and Road Initiative Belt and Road Initiative and participant country map Abbreviation BRI Formation 2013 ; 12 years ago (2013) 2017 (2017) (Forum) 2019 (Forum) 2023 (Forum) Founder People's Republic of China Legal status Active Purpose Promote ...
Besides the BRI, China has other programs that reflects China's broader strategy of international development cooperation and economic engagement [1]. Asian Infrastructure Investment Bank (AIIB) : This initiative aims to support the building of infrastructure in the Asia-Pacific region and beyond, promoting economic development and regional ...
China’s ambitious infrastructure plan can be packaged in ETF form with the KraneShares MSCI One Belt One Road Index ETF (OBOR). “China’s Belt and Road Initiative (BRI), sometimes referred to ...
[2] Western media coverage portrayed the forum in a similar way with CNN referring to the event under the headline "China's new world order" and the Los Angeles Times running the article "Globalization 2.0: How China's two-day summit aims to shape a new world order".
The Maritime Silk Road initiative was first proposed by Chinese leader Xi Jinping during a speech to the Indonesian Parliament in October 2013. [5]In November 2014, Chinese leader Xi Jinping announced plans to create a USD $40 billion development fund, which would help finance China's plans to develop the New Silk Road and the Maritime Silk Road.
As per China's pledges via the Forum on China-Africa Cooperation (FOCAC), the Silk Road Fund is among the Chinese institutions which have provided development funds to African countries. [ 3 ] : 75 Along with the China Development Bank and the Export-Import Bank of China , the Silk Road Fund is one of the primary financing sources for BRI ...
The UASR was charged with supporting training, research, policy, cross-cultural understanding, and medical service. [6] The UASR includes an international alliance of law schools, which Xi'an Jiaotong president Wang Shuguo notes aims "to promote the exchanges of law among the alliance member countries and focus on legal consensus, in order to serve the Belt and Road development with legal ...
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