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Reflections on a Decade of the Belt and Road Initiative
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Nathaniel Dolton-Thornton
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Elia Apostolopoulou
Colombo with the Port City development in the distance. Rakhitha w/Shutterstock
The ancient Silk Road was a historical network of trade routes stretching from China to Europe. It was established around 2,000 years ago, during the Han Dynasty – often considered China’s golden age.
In 2013, Chinese President Xi Jinping officially announced China’s aspiration to recreate this network. The 21st century Silk Road, also called the Belt and Road Initiative, is the world’s largest infrastructure project in decades, with conservative estimates suggesting that its cost will exceed US$1 trillion.
The creation of the New Silk Road involves the massive development of trade routes and infrastructure corridors, including everything from railways, airports, ports, pipelines, industrial parks and real estate projects to free trade agreements and treaties. It has the potential to reshape the world in political, economic and cultural terms, and poses important environmen