Underpinning it are infrastructure projects such as pipelines and a port in Pakistan, bridges in Bangladesh and railways to Russia – all facilitating trade and economic growth.
(Source: CNBC International YouTube channel)
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Video: What is the Belt and Road initiative?
China, the world’s largest economy, is developing a modern version of the ancient trade route through a hugely ambitious $1-trillion plan called the One Belt, One Road initiative to link China to 68 countries in the rest of Asia, Africa and Europe.
