Thursday, February 29, 2024

Article on "Can China Turn the Middle of Nowhere into the Center of World Economy?"

     Reading the article, I can see China has come a long way in that case of armory and letting people in and out. The guy they talked about Nunar which was a person who tried to escape by going through the border to Kazakhstan in 1962. Which brings us to China's Belt and Road Initiative (BRI). The BRI is a huge part of China's growing this whole operation was a huge spending from them it was $200 billion at the start but then moved to around the world which then it roses up to an estimated cost $8 trillion. But what is the BRI? Start first with the Belt side of it, it was a part of their big trading routes connecting Asia and Europe to be built largely with China's expertise. The Road part of it is a little different you might think that it trades over the road, but it was a new sea trade opportunity which connected China, Southeast Asia, Africa, and Europe. Which shows a longer route but is a safer route in this case which avoids the Malacca Strait, incorporating fuel, ports, bridges, etc. Now it sounds like the BRI was very important to China because they didn't really release an official map of the Belt and Road routes nor any list of the projects. 

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