mo4ch:>Why China believes the World needs the new Silk Road: Beijing's ambitious mega-project explained | Mo4ch News

China's trillion-dollar "One Belt, One Road" initiative (BRI) is an attempt to revive the Silk Road, an ancient trade route that for hundreds of years connected the East and West during the days of the Roman Empire.The initiative, which was unveiled by Chinese President Xi Jinping in 2013, envisages linking China with Africa, Asia, Europe and the Americas through a network of seaports, railways, roads and industrial parks. The major goal of the 21st century Silk Road project is to create greater connectivity across the world to promote peace through trade and development.Why Beijing believes the world needs the BRIVictor Gao, director of the China National Association of International Studies, said that the BRI initially started as a connectivity project, including financial and power connectivity.There are many projects within the BRI, with more than 100 countries already having signed up for it. Each country has different goods to export. Some export manufactured indus…