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How China is ruling the 21st century
In an ambitious bid to reshape global trade routes and cement its status as a superpower, China has embarked on a monumental initiative known as the Belt and Road Initiative (BRI). Often referred to as the New Silk Road, this project is poised to redefine geopolitical dynamics in the 21st century. Launched in 2013 by President Xi Jinping, the BRI aims to connect Asia, Africa, and Europe through a vast network of trade routes, infrastructure projects, and economic corridors.
The Economic Impact: Building Bridges and Economies
The BRI is an unprecedented economic venture, involving over 60 countries and accounting for about 30% of global GDP and 60% of the world’s population. China’s investments in infrastructure projects — such as railways, highways, ports, and pipelines — are designed to enhance trade connectivity and economic cooperation across continents.
In Asia, the China-Pakistan Economic Corridor (CPEC) stands as a flagship BRI project. With investments exceeding $60 billion, CPEC includes the development of Gwadar Port, which aims to provide China with direct access to the Arabian Sea, bypassing the longer route through the Malacca Strait. This project is set to boost Pakistan’s economy by creating jobs, improving infrastructure, and enhancing energy supplies.
