Three questions on China's 'Belt and Road Initiative'

摘要

Three broad questions about China's "Belt and Road Initiative" are raised. First, what are likely to be the real objectives behind the Initiative? Second, are investment and trade, considered the "major task" of the Initiative by China, to be driven by market-based transactions, or will they be a form of foreign aid that is not based on economic calculation of gains and losses? Third, which of the 60 or so countries in Asia, Europe and Africa along the Belt and Road will likely be the Initiative's priority targets of economic cooperation? (C) 2016 Elsevier Inc. All rights reserved.