A note on Belt and Road

According to an article posted on Qiushi (bit.do/beltandroad), the Organ of the Central Committee of the Communist Party of China, “China’s new commercial strategy will allow Latin America and the Caribbean to join this drive of ‘opening up, inclusiveness and mutual benefits.’ ”

“Africa is also expected to benefit considerably from China’s pledged resources in the coming years,” the article stated and “other benefits are China’s supported financing of anti-poverty and improved health care projects.”

“The rapidly increasing railway transportation through the development of the Standard Gauge Railway (SGR) projects mainly supported by China in countries like Kenya and Ethiopia, which are participants in the Belt and Road Initiative, is demonstrating the transport revolution to be witnessed in Africa in the coming decade.”

“The forum was an important milestone in the global popularization and implementation of the Belt and Road Initiative,” said Gerishon Ikiara, a lecturer of international economics at the University of Nairobi. “Currently, Africa accounts for less than 3 percent of global trade largely due to poor and inadequate infrastructure,” but “[t]he projected expansion and modernization of land and sea routes are expected to change this … Already modernized ports in Kenya, Ethiopia, Tanzania and other parts of the continent are having a visibly significant impact.”

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