BRIdging a divide
6 months, 1 week ago

BRIdging a divide

China Daily  

WANG XIAOYING/CHINA DAILY The China-Europe freight rail service, backed by the Belt and Road Initiative, recently reached a significant milestone by completing its 90,000th trip. The initiative has driven nearly 1 trillion dollars in investments, led to cooperative projects, created job opportunities in partner countries, and significantly contributed to lifting thousands of people out of poverty. Now, the BRI is not only the largest infrastructure investment project in the world, but also a tool for enhancing China's international standing and influence, particularly in the Global South. The BRI and other global initiatives such as the Global Development Initiative, Global Security Initiative and Global Civilization Initiative should be recognized as China's contributions toward meeting global development goals. This competition has led to initiatives such as the Biden administration's infrastructure development projects under the framework of the Partnership for Global Infrastructure and Investment and the European Union's "Global Gateway "project.

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