Belt and Road Initiative
Chinese global infrastructure project
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The Belt and Road Initiative, known in China as the One Belt One Road and sometimes referred to as the New Silk Road, is a global infrastructure development strategy adopted by the government of China in 2013 to invest in more than 150 countries and international organizations. The BRI is composed of six urban development land corridors linked by road, rail, energy, and digital infrastructure and the Maritime Silk Road linked by the development of ports. BRI is both a geopolitical and a geoeconomic project. Chinese Communist Party (CCP) general secretary Xi Jinping originally announced the strategy as the "Silk Road Economic Belt" during an official visit to Kazakhstan in September 2013. "Belt" refers to the proposed overland routes for road and rail transportation through landlocked Central Asia along the famed historical trade routes of the Western Regions; "road" is short for the 21st Century Maritime Silk Road, which refers to the Indo-Pacific sea routes through Southeast Asia to South Asia, the Middle East and Africa.
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India reiterates opposition to China's Belt and Road InitiativeIndia on Thursday said that China's Belt and Road Initiative "lacked respect for New Delhi's sovereignty and territorial integrity" in fresh criticism of President Xi Jinping's ambitious project.The..IndiaTimes - Published | |
No decision yet to quit BRI: Italy PMItalian Prime Minister Giorgia Meloni, speaking in New Delhi on Sunday following discussions with Chinese Premier Li Qiang, indicated that Italy has not made a final decision regarding its..IndiaTimes - Published | |
Chinese Premier Li meets Italian counterpart on G20 summit sidelines amid Italy's plans to pull out of BRIChinese Premier Li Qiang met his Italian counterpart Giorgia Meloni on the sidelines of the G20 summit on Saturday and addressed bilateral ties in the wake of Italy's decision to withdraw from China's..IndiaTimes - Published | |
India-Middle East-Europe Corridor announced; PM stresses on respect for territorial integrity in connectivity projectsIndia, along with the US and several major economies, has announced the India-Middle East-Europe Economic Corridor, which is seen as an alternative to China's Belt and Road Initiative. The corridor..IndiaTimes - Published | |
At SCO summit, PM Modi's veiled dig at China's BRI in presence of Xi JinpingIn a veiled dig at China's ambitious Belt and Road Initiative (BRI), Prime Minister Narendra Modi on Tuesday said that while connectivity projects are crucial, it is also important to respect the..IndiaTimes - Published |