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Economics

In the News

Crossing the New Silk Road

Graham Watson

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.

The New Silk Road - China Develops Caspian Sea Trade Routes

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.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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