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2018 | OriginalPaper | Chapter

6. China’s Belt and Road Initiative

Author : Rajiv Biswas

Published in: Emerging Markets Megatrends

Publisher: Springer International Publishing

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Abstract

The Belt and Road Initiative is a grand strategy for building infrastructure connectivity between China and 68 other partner countries. The geographic scope of the Belt and Road Initiative extends from China to ASEAN, Central Asia, Africa, the Middle East and Europe. Over USD 1 trillion of infrastructure projects have either been built or are planned over the next decade under the Belt and Road Initiative. In tandem with the Belt and Road Initiative, China has also led initiatives to create new multilateral development banks to provide infrastructure financing to developing countries, notably the Asian Infrastructure Investment Bank and the New Development Bank.

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Metadata
Title
China’s Belt and Road Initiative
Author
Rajiv Biswas
Copyright Year
2018
DOI
https://doi.org/10.1007/978-3-319-78123-5_6

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