China’s “One Belt, One Road” Initiative to Revitalize Emerging Markets

Of the 65 countries along the route of China’s “One Belt, One Road” Initiative, 12 are defined as emerging markets. Except for India and China, most have seen a slowdown in economic growth. However, the foundation for an economic rebound is being laid through the “One Belt, One Road” Initiative, through which China has accomplished the following:

1)    Funded infrastructure construction projects to attract foreign investment;

2)    Integrated available resources in each of the “One Belt, One Road” countries and thus secured a more advanced level of industrialization;

3)    Streamlined customs clearance and enhanced trade and logistics connectivity with these countries;

4)    Increased cross-border payment conveniences to revitalize local consumer markets;

5)    Promoted the internalization of the Renminbi and cross-border financial cooperation;

6)    Set up the AIIB, Silk Road Fund and the China-Eurasia Economic Cooperation Fund to provide funding to these countries.

Disclaimer
The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.
Top