Xi Jinping To China’s Private Sector: Go Home, The New Silk Road Is Not For You
In 2013, Chinese President Xi Jinping announced something called the Belt and Road Initiative, which was to be a trillion-dollar framework to guide Chinese foreign investment, infrastructure development, trade, and other international forays. What this initiative actually consists of still remains vague, what its benchmarks are have never been stated. It is often difficult to discern which projects are a part of the initiative and which aren’t, but this hasn’t stopped China’s private sector from jumping onto the “China International” bandwagon and embarking on global investment sprees of their own.