Expert: Beijing’s Belt and Road Plan is About Building a New Chinese-Led Order for the 21st Century

Beijing’s Belt and Road initiative is part and parcel of President Xi Jinping’s strategy to solidify China’s emergence as a great economic and military power, a leading expert on Asian economies said Wednesday. Nadege Rolland, of the National Bureau of Asian Research said Xi’s vision and strategy “is not a new thing” in Chinese history or to the West, but it is more tightly integrated to meet the challenges of a digital world, to shore up its economy from the severe downturn of 2008-2009 and expand its markets into new territories, especially Europe. The goal is to have China as … Continue reading Expert: Beijing’s Belt and Road Plan is About Building a New Chinese-Led Order for the 21st Century