China Economy: How China BRI project change the World!

The Belt and Road Initiative (BRI) is China's ambitious global development strategy initiated in 2013, aiming to enhance international connectivity and cooperation. It involves infrastructure development and investments in countries across Asia, Europe, Africa, and beyond. The initiative seeks to create economic corridors and improve trade routes, echoing the historic Silk Road. It has been incorporated into the Chinese Communist Party's constitution, reflecting its significance to China's foreign policy and global ambitions. Despite challenges, the BRI aims for completion by 2049, coinciding with the centennial of the People's Republic of China, with ongoing adjustments to include sustainable and green projects

As of 2024, the initiative encompasses a vast network that touches 1/3 of world trade and GDP, and over 60% of the world's population, highlighting its extensive reach and impact on global economics and infrastructure development.