CNBC International’s Xin En Lee addresses the Belt and Road Initiative, which she comments marks a huge change in China’s foreign policy. Generally, the Belt and Road Initiative was firstly announced by Chinese President, Xi Jinping in 2013. Its aim is to strengthen trade, infrastructure and investment relations, between China and an estimated 65 other countries.
The Initiative boosts the countries’ investment, as in Sri Lanka, almost $200 million of Chinese funding went in the country’s second...
https://safety4sea.com/watch-the-belt-and-road-initiative-explained/