Tue, 24 April 2018
China is heavily investing in two global trade routes: a 21st Century Maritime Silk Road stretching from Southern China across the Indian Ocean to connect Southeast Asia, South Asia, and Africa to the Mediterranean; and a land-based Silk Road Economic Belt connecting Western China to Europe via Central Asia. Establishing these transcontinental trade routes will likely cost over one trillion dollars and will cover 65% of the world's population. How likely is China to succeed in achieving these grand investment goals, and how would this proposed project impact global trade? Dr. Thomas Fingar, a Shorenstein APARC fellow in the Freeman Spogli Institute for International Studies at Stanford University, discusses China's audacious vision for their "One Belt, One Road" project with Markos Kounalakis, visiting fellow at Stanford's Hoover Institution.
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