Why the U.S. Shouldn’t Sit Out the Belt and Road Initiative [Fortune]
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Source: Fortune
Why the U.S. Shouldn’t Sit Out the Belt and Road Initiative Imagine the potential of China and the United States, the world’s two largest, most vibrant economies collaborating on the most ambitious development project in history. The scenario is no fantasy: China’s Initiative (BRI), which kicked off almost six years ago, will eventually connect a vast swath of the world, creating huge yields in economic activity, and wiring the world together as never before. However, the United States remains on the sidelines, and this has implications not only in terms of missed opportunities for growth in the U.S., but for the cause of global development which needs the ingenuity and the industry of the U.S. The BRI, which echoes the geographic footprint and spirit of the ancient land and maritime Silk Roads that linked Asia, Africa, and Europe, has indeed become a massive platform for cooperation and an engine of growth, with 126 Countries and 29 international organizations $6 trillion surpassed
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