Trade and Investment
Belt and Road Initiative (BRI)
- China is challenging the US global economic hegemony through its BRI which seeks to weave the economies of Asia, Europe and Africa into a common network of development and infrastructure projects.
- Rather, China seeks to take other countries into its sphere of influence supported by its economic strength in a way America did through its Marshall Plan in Post-War World.
- The BRI seeks to support “Made in China 2025” plan which aims to put China at the cutting edge of all high technologies like robotics, AI (Artificial Intelligence), space etc. but US views it ....
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