Opinion: Belt and Road: A Symphony in Need of a Strong Conductor
In just a few weeks, the Chinese president will host the Belt and Road summit — Xi Jinping’s landmark program to invest billions of dollars in infrastructure projects across Asia, Africa, and Europe. Reactions to the project have been, understandably, mixed.
The vision of the “One Belt, One Road” initiative is essentially about connectivity —facilitated by infrastructure. Many developing countries urgently need investment in roads, railroads, power plants and grids, airports and ports. But to make physical connectivity work, policy coordination and regulatory harmonization also need to follow suit. In the end, the initiative is about global cooperation and integration.
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