Hapag-Lloyd’s article:
The Chinese plan to spend around $1 trillion on their “Belt and Road Initiative” in order to expand and control the transport routes for Chinese export goods. There is still a lot of potential for growth, particularly on overland routes. But it is meeting with some resistance.
“Yi Dai, Yi Lu” (一带一路) is a phrase that everyone in China knows. The Belt and Road Initiative – or what others call the “New Silk Road” – is the largest infrastructure program of all time. With this...