“Belt and Road Initiative” infrastructure development and construction projects have great impact in the poorest rural areas, according to AidData.
In September 2018, a Sino-Japanese committee on public and private investment along the new Silk Roads might be held in Beijing.
US Secretary of State Mike Pompeo announced on July 30, 2018, at the Indo-Pacific Business Forum the upcoming launch of an infrastructure development plan for Asia.
President Moon shared with the North Korean president his project of three new corridors that would connect the Korean peninsula to the rest of the world.
For the 40th anniversary of the Sino-Japanese Peace and Friendship Treaty, on December 19, 2017, Japanese Prime Minister Shinzo Abe said he wanted to strengthen relations between the two countries. This announcement could eventually lead to a Japanese participation in
Mongolia is increasingly involved in the realization of the new Silk Roads. One of the corridors of this initiative linking China to Russia is passing though Mongolia. The Belt and Road initiative aims to improve transport and communication infrastructure between