China’s New Silk Road

We think the Belt and Road Initiative is first and foremost an economically driven initiative, that has a “moderate” chance of success

Yan Barcelo 13 April, 2021 | 7:30AM
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Great Wall of China

The Belt and Road Initiative (BRI), also called One Belt, One Road, is a global infrastructure project started by China in 2013.

“No other trading initiative by any single country in history compares to it, says Gordon Houlden, director emeritus of the China Institute, adding that BRI dwarfs the Marshall plan. The Marshall Plan was a U.S. program that provided aid to parts of Europe after World War II. It was also known as the European Recovery Program.

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About Author

Yan Barcelo  is a veteran financial and economic journalist with more than 30 years of experience, writing for many publications in Toronto and in Montreal, including CPA MagazineLes Affaires and Commerce.

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