Sunday, July 3, 2016

№ 277. The New Silk Road

New Silk Road

"Also called the “One Belt One Road” program, the New Silk Road is believed by some experts to even help ease tension around the South China Sea as it expands economic cooperation among neighbors in the region, including those with which China is in dispute, such as the Philippines and Vietnam. Billions of dollars in investments are expected to pour into the construction of railway facilities, airports and sea ports and power plants that, in turn, would trigger the growth of job-generating factories. Besides, while it is true that the AIIB is linked to China’s own economic and strategic goals, what is wrong in having better China-funded infrastructure in the country?"

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