Why is China building a New Silk Road? | World Economic Forum
2016年6月26日 · Anna Bruce-Lockhart. China is reviving the historic Silk Road trade route that runs between its own borders and Europe. Announced in 2013 by President Xi Jinping, the idea is that two new trade corridors – one overland, the other by sea – will connect the country with its neighbours in the west: Central Asia, the Middle East and Europe.
China’s $900 billion New Silk Road. What you need to know
2017年6月26日 · Image: Lowy Institute. The aim of the $900 billion scheme, as China explained recently, is to kindle a “new era of globalization”, a golden age of commerce that will benefit all. Beijing says it will ultimately lend as much as $8 trillion for infrastructure in 68 countries. That adds up to as much as 65% of the global population and a third ...
A brief history of globalization | World Economic Forum
2019年1月17日 · It was in this world, too, that Alibaba a few months later opened its Silk Road headquarters in Xi’an. It was meant as the logistical backbone for the e-commerce giant along the new “Belt and Road”, the Paper reported. But if the old Silk Road thrived on the exports of luxurious silk by camel and donkey, the new Alibaba Xi’an facility ...
China’s Belt and Road Initiative turns 10. Here’s what to know
2023年11月20日 · 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 ...
Could a Digital Silk Road solve the Belt and Road's sustainability ...
2018年9月19日 · Firstly, the Digital Silk Road will play a constructive role in making infrastructure development more viable, efficient and sustainable in the long run. For developing countries lacking critical infrastructures, it is highly valuable to build railroads and power plants. Adding new technologies, the Digital Silk Road will help make the new ...
Three ways China can make the New Silk Road sustainable
2018年9月15日 · The emergence of China as an economic and political power in the past decade has made waves in the ocean of geo-economics and geopolitics, especially with the country’s “Belt and Road Initiative” (BRI), a recent ambitious infrastructure project along the ancient land and maritime Silk Road routes. Through the BRI, China aims to strengthen ...
Why the New Silk Road needs a digital revolution
2017年1月13日 · With such systems in place, a few key areas of opportunity will emerge along the New Silk Road. First, a digital revolution will level the playing field for SMEs. For example, they’ll be able to adapt production plans to product supply and demand dynamics or identify new markets. The sharing economy will also blossom.
5 things to know about the New Silk Road | World Economic Forum
2015年11月10日 · The new Silk Road is sure to expand it further, and in the long term, all parties stand to gain, as postulated by basic economic theory. In the short term, however, some industries will be affected more than others, and it would be safe to assume that the long-term gains as well as short-term pains will be uneven among the EU’s 28 countries.
What is globalization anyway? | World Economic Forum
2017年1月10日 · One example is the Silk Road, when trade spread rapidly between China and Europe via an overland route. Merchants carried goods for trade back and forth, trading silk as well as gems and spices and, of course, coffee.
What you need to know to understand Belt and Road
2018年12月7日 · Bruno Maçães. There are two things everyone needs to know about the Belt and Road. First, as officials in Beijing will tell you, this grand project is measured in decades, with its conclusion planned for 2049, the centenary of the founding of the People’s Republic of China. Second, the initiative is both global and revolutionary.