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[With the launch of ‘Belt and Road’ Initiative, which was in association with the leadership vacuum in global governance, as well as China’s rise as a global power and its ambition to play bigger role in the international landscape, China is injecting vitality into the ancient Silk Road. China is seen to embrace it as the centrepiece of its economic strategy, where China’s new vision of global governance is reflected. As the New Silk Road initiative, if well implemented, is expected to bring forth infrastructure connectivity in the countries involved, the opportunity of economic prosperity for both China and the countries involved, as well as new structure of global or mega-regional economic governance.]
Published: May 30, 2020
Keywords: BRI; Global governance; Infrastructure connectivity; Asia Infrastructure Investment Bank
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