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Belt and Road Initiative

Development strategy and framework, proposed by China

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Belt and Road Initiative: Development strategy and framework, proposed by China
The Belt and Road Initiative (BRI), also known as the One Belt One Road (OBOR) or the Silk Road Economic Belt and the 21st-century Maritime Silk Road, is a development strategy adopted by the Chinese government involving infrastructure development and investments in 152 countries and international organizations in Europe, Asia, Middle East, Latin America and Africa. The paramount leader of the People's Republic of China, Xi Jinping, originally announced the strategy during official visits to Indonesia and Kazakhstan in 2013. "Belt" refers to the overland routes for road and rail transportation, called "the Silk Road Economic Belt"; whereas "road" refers to the sea routes, or the 21st Century Maritime Silk Road. Until 2016 the initiative was officially known in English as the One Belt and One Road initiative but the official name was changed as the Chinese government considered the emphasis on the word "one" as being prone to misinterpretation.


Amid criticism of China's Belt and Road Initiative, Xi Jinping says project is 'not an exclusive club', vows to prevent debt risks

China president Xi Jinping sought on Friday to ease growing concerns about his ambitious Belt and Road Initiative, vowing to prevent debt risks and saying his global infrastructure project 'is not an..
Firstpost - Published

Chinese Ambassador Says Peru Will Join Belt And Road Club

chinese ambassador says peru will join belt and road club
China's ambassador to Peru said the Latin American country would sign a memorandum of understanding to join the expanding Belt and Road initiative later this week, according to Reuters. Ambassador Jia..
WorldNews - Published

Videos for Belt and Road Initiative

China South Using Debt Trap To Keep China Sea [Video]China South Using Debt Trap To Keep China Sea

According to Business Insider, "China's One Belt One Road project and massive infrastructure loans are helping to weaken opposition to its claims in the South China Sea..." Daniel O'Neill, Associate..

Credit: Wochit News     Duration: 00:35Published

China Just Got One Step Closer To Connecting the World With Chinese-built Infrastructure [Video]China Just Got One Step Closer To Connecting the World With Chinese-built Infrastructure

According to a report by Business Insider, Italy has joined China's Belt and Road Initiative, the massive trade project aiming to connect the country to dozens of nations across Asia, Africa, Europe..

Credit: Wochit News     Duration: 00:35Published


Peru to sign MoU to join China's Belt and Road club in coming days: Chinese ambassador

Peru will sign a memorandum of understanding to join China's ambitious Belt and Road infrastructure initiative in coming days, China's ambassador said on Wednesday.
Reuters - Published

Thailand says 'making progress' with high-speed Thai-Chinese railway

Thailand's government said it is "making progress" with the much-delayed high-speed Thai-Chinese rail line that is to link Thailand, Laos and China, as the three countries prepared to ink another..
Reuters - Published

Ready for Wuhan-style summit meet with India despite differences over BRI, says Chinese foreign minister

Asked if India's opposition to the BRI would undermine the new momentum generated by last year's informal summit between Prime Minister Narendra Modi and Chinese president Xi Jinping, Wang said the two..
Firstpost - Published

China says Silk Road not geopolitical tool, understands concerns

China's Belt and Road project is not a "geopolitical tool" or a debt crisis for participating nations, but Beijing welcomes constructive suggestions on how to address concerns over the initiative, the..
Reuters - Published

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