What is the BRI?
In 2015, China announced the “Belt & Road” Initiative, also dubbed the “New Silk Road”. This is one of the largest infrastructure project to date, with mass development and investment involved. While there is no exact border, it is generally interpreted as a network of overland corridors (New Silk Road Economic Belt) and maritime routes (21st Century Maritime Silk Road)
The BRI covers 5 aspects on a broad scale. Policy coordination to support large scale infrastructure development projects; Facilities which service the purpose of connecting countries along the Belt and Road; Cultural exchange between people; Financial integration and collaboration; Cross-border trade investment and supply chain cooperation.