Recently China has launched its new concept the Silk Roadster under its Belt and Road Initiative.The Silk Roadster concept is a new platform for practical cooperation and people-to-people exchanges between China and Southeast and South Asian countries.
There are five projects under the platform—the Silk Road Embarkment, the Silk Road Empowerment, the Silk Road Enjoyment, the Silk Road Enlightenment and the Silk Road Enhancement.
Silk Roadster focuses on small projects related to education, culture and economic empowerment at the grassroots.
Belt and Road Initiative (BRI)
China’s Belt and Road Initiative (BRI), sometimes referred to as the New Silk Road, is one of the most ambitious infrastructure projects launched in 2013 by President Xi Jinping. The vast collection of development and investment initiatives was originally devised to link East Asia and Europe through physical infrastructure.
The plan was two-pronged: the overland Silk Road Economic Belt and the Maritime Silk Road. The two were collectively referred to first as the One Belt, One Road initiative but eventually became the Belt and Road Initiative.
In the decade since, the project has expanded to Africa, Oceania, and Latin America, significantly broadening China’s economic and political influence.