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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]
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.
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 ...
The COVID-19 pandemic and recession threaten China's Belt and Road projects as construction slows and countries demand debt relief. Skip to main content. 24/7 Help. For premium support please call
In 1988, UNESCO initiated a study of the Silk Road to promote understanding of cultural diffusion across Eurasia and protection of cultural heritage. [2] In August 2006, UNESCO and the State Administration of Cultural Heritage of the People's Republic of China co-sponsored a conference in Turpan, Xinjiang on the coordination of applications for the Silk Road's designation as a World Heritage ...
“China and Italy are located at opposite ends of the ancient Silk Road,” Xi told Meloni, “and the long-standing friendly exchanges between the two countries have made important contributions ...
It safeguarded a city where many travelers’ Silk Road journeys began, one 13 Chinese dynasties chose as their capital. Now, the wall stands between modern Xi’an and the old city center.
The academic research on the ancient Maritime Silk Road has been appropriated and mythologized by modern countries for political reasons. China, in particular, uses a mythologized image of the Maritime Silk Road for its Belt and Road Initiative, first proposed by Xi Jinping during a visit to Indonesia in 2015. It attempts to reconnect the old ...