on Belt and Road Initiative

Origins of the Belt and Road Initiative: China’s economic slowdown, Clinton’s New Silk Road, TPP?

China’s most recent challenge is, arguably, its transformation from a manufacturing-driven and export-led economy to one sustained by services and domestic consumption under the “New Normal”, namely China’s slowing economic growth. According to the economic theory, growth in the long run depends on changes in capital, labor and technology/productivity. The “New Normal”, therefore, has been… Continue reading Origins of the Belt and Road Initiative: China’s economic slowdown, Clinton’s New Silk Road, TPP?