Economics
In the News
Crossing the New Silk Road
4th August 2016
China is trying to redefine its relationships with many of its regional neighbours, as part of an attempt to boost intra-regional trade and also part of its over-arching strategy to enhance its global profile. One of the ways that it's been doing this is via the 'New Silk Road' - One Belt, One Road.
This is part of the land-based strategy to enhance China's trade links and reduce the time taken to get Chinese goods to Europe, although not without difficulties as the clip makes clear. However, some look upon this strategy with suspicion; is it an example of neo-colonialism? Most evidence suggest not; China has adopted an increasingly multilateral approach to foreign policy.
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