By Grace Xavier
The New Straits Times-July 9
Much has been said about the One Belt One Road (OBOR) initiative, a project initiated by China. The project aims to link China with the rest of Asia and Europe over land routes and sea ports. Covering 68 countries at a cost of US$1 trillion (RM4.04 trillion), this project aims to be the largest ever infrastructure project undertaken by any one country in the world.
Under the initiative, trade routes will be built between China and countries in Central Asia, Europe and Indo-Pacific littoral countries (countries bordering the shores of the Indian and Pacific Oceans). During ancient times, the Silk Road connected Eurasian regions by economic and cultural exchanges. Commodities, technologies and people all moved along the Silk Road, a path that was meaningful in the growth of regional development along trading routes.
Read more at: https://www.nst.com.my/opinion/columnists/2018/07/388961/benefits-and-risks-obor-partnership
First published in: The New Straits Times
