Despite the hype, Europeans skeptical about the real motives behind China’s Belt-Road-Initiative

By: | Issue #652 | at 07:33 AM | Channel(s): International Trade  

Despite the hype, Europeans skeptical about the real motives behind China’s Belt-Road-Initiative

The German term “neue Seidenstrasse“ (the new silk road) is used to refer to what the Chinese President Xi Jinping calls the Belt-Road-Initiative (BRI), which was originally called One Belt One Road project. 

Is the BRI an ambitious vision that could open up greater trade opportunities or is it a chimera?

European critics feel the BRI initiative will not be smooth sailing for the Chinese despite their strategic moves to open up global markets by offering to build infrastructure in the BRI member countries which stand to benefit but which, many fear, will eventually become “pawns“ in China’s hands…


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American Journal of Transportation