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06/03/2023
China is planning on opening a modern version of the ancient Silk Road. The new route is called One Belt, One Road. The ...
06/03/2023

China is planning on opening a modern version of the ancient Silk Road. The new route is called One Belt, One Road. The land route, called “Silk Road Economic Belt” will link China with Central Asia and Europe, while the sea route, called “Maritime Silk Road” is expected to lead through Pakistan to the Arabian Sea. In Europe the route will lead as far as Venice and Rotterdam. China wants to invest a total of over $100 billion into the new project.
China hopes that the new Silk Road will improve its influence in Asia. Chinese officials desperately want to connect to the rest of the world. They see the Silk Road project as a long term investment plan. The new route is expected to bring an economic boost for China’s trade with the west. The project calls for the construction of modern highways, railroad lines and pipelines to the west. It will offer Chinese construction companies thousands of new jobs.

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