Belt and Road is A Beacon of Light in Troubled World
Oct 28, 2023Heavy spending on infrastructure projects and massive overseas investments have been the hallmarks of the initiative, strengthening the economies of both China and partner countries in a "win-win" relationship. One of the key characteristics of the initiative is that despite the clearly unequal strength of member countries compared with China, the relationship is rooted in the equal status of all participants.
The big achievement of the BRI has undoubtedly been to enhance connectivity and economic cooperation between participating countries across the world. Roads, railways, ports and other infrastructure facilities have been transformed, stimulating economic growth, the expansion of trade, regional integration and greater political stability. It has also strengthened the Global South, creating a more multipolar world, less dependent on American economic cycles.
Just as the ancient Silk Road brought Eastern and Western civilizations closer together, the BRI has reinforced global connectivity, strengthened economic and cultural links, and created a model of development underpinned by principles of equality, inclusion and international cooperation. At a time of heightened danger for world peace, notably in Ukraine and the Middle East, such principles are a rare beacon of light.