Belt and Road helps unlock potential of emerging markets, expert says
                     Source: Xinhua | 2019-04-22 21:37:02 | Editor: huaxia

    Aerial photo taken on Nov. 14, 2018 shows the construction site of the Colombo Port City project in Colombo Port City, Colombo, Sri Lanka. A China-funded port city being constructed in Sri Lanka's capital Colombo has completed the reclamation of land from the sea and will soon be ready for the second phase, China's CHEC Port City Colombo (Pvt) Ltd. said on Jan. 16, 2019. (Xinhua)

    PHILADELPHIA, the United States, April 20 (Xinhua) -- The Belt and Road Initiative is helpful for unlocking the potential of emerging markets and many U.S. businesses want to know more about it for making investment decisions, according to experts at the 2019 Penn Wharton China Summit held here.

    "Belt and Road is enormous. It's no overstatement to say it could be the project of the century," Geoffrey Garrett, dean of the Wharton School at the University of Pennsylvania (Penn), told the event while commenting on the China-proposed initiative aimed at building trade and infrastructure network connecting Asia with Europe, Africa and beyond.

    "My bottom line on this is quite simple: for every emerging market in the world other than China, infrastructure is about the biggest challenge they face. If you want to unlock the full potential of emerging markets, we need to help emerging markets build infrastructure," Garrett said in his keynote speech at the student-run Wharton summit beginning Friday.

    The U.S. government, he said, has expected the private sector to "become the big infrastructure developers in emerging markets." However, the U.S. private sector has been disinvesting in Africa as increasing Chinese funds go into the continent, he added.

    "Because the Chinese government is thinking about 20 years from today, 50 years from today," he said. "I think that the U.S. needs to follow China's lead and think differently about the way it finances infrastructure development."

    Sun Zhe, co-director of the China Initiative at Columbia University's School of International and Public Affairs, said there is a desire on the U.S. side to know more about the Belt and Road.

    He told Xinhua on the sidelines of the event that many U.S. businesses want to know how many countries have joined it, and how much China has invested in it and how it cooperates with international capitals, so that they could decide whether to be part of it.

    Regarding Washington's recent allegations against the initiative, Avery Goldstein, director of Penn Center for the Study of Contemporary China, said he believes that it is a mistake to have a blanket condemnation of the BRI.

    "You have to begin with facts," said Goldstein, a professor of global politics and international relations.

    "I don't think it makes sense to simply refer to the entire Belt and Road Initiative as a grand effort at debt trap diplomacy by the Chinese side," he said, noting the positive contribution to the development of participating countries by some projects in the Belt and Road framework.

    The three-day Philadelphia event takes place several days ahead of the second edition of the Belt and Road Forum for International Cooperation (BRF) , scheduled for April 25-27 in Beijing, which is to promote the high-quality development of the BRI cooperation as according to Chinese State Councilor and Foreign Minister Wang Yi.

    The China summit was launched in 2016 and intended to bring students, experts, and business people together to discuss China's social and economic development as well as its interactions with the United States and with the rest of the world.

    Back to Top Close
    Xinhuanet

    Belt and Road helps unlock potential of emerging markets, expert says

    Source: Xinhua 2019-04-22 21:37:02

    Aerial photo taken on Nov. 14, 2018 shows the construction site of the Colombo Port City project in Colombo Port City, Colombo, Sri Lanka. A China-funded port city being constructed in Sri Lanka's capital Colombo has completed the reclamation of land from the sea and will soon be ready for the second phase, China's CHEC Port City Colombo (Pvt) Ltd. said on Jan. 16, 2019. (Xinhua)

    PHILADELPHIA, the United States, April 20 (Xinhua) -- The Belt and Road Initiative is helpful for unlocking the potential of emerging markets and many U.S. businesses want to know more about it for making investment decisions, according to experts at the 2019 Penn Wharton China Summit held here.

    "Belt and Road is enormous. It's no overstatement to say it could be the project of the century," Geoffrey Garrett, dean of the Wharton School at the University of Pennsylvania (Penn), told the event while commenting on the China-proposed initiative aimed at building trade and infrastructure network connecting Asia with Europe, Africa and beyond.

    "My bottom line on this is quite simple: for every emerging market in the world other than China, infrastructure is about the biggest challenge they face. If you want to unlock the full potential of emerging markets, we need to help emerging markets build infrastructure," Garrett said in his keynote speech at the student-run Wharton summit beginning Friday.

    The U.S. government, he said, has expected the private sector to "become the big infrastructure developers in emerging markets." However, the U.S. private sector has been disinvesting in Africa as increasing Chinese funds go into the continent, he added.

    "Because the Chinese government is thinking about 20 years from today, 50 years from today," he said. "I think that the U.S. needs to follow China's lead and think differently about the way it finances infrastructure development."

    Sun Zhe, co-director of the China Initiative at Columbia University's School of International and Public Affairs, said there is a desire on the U.S. side to know more about the Belt and Road.

    He told Xinhua on the sidelines of the event that many U.S. businesses want to know how many countries have joined it, and how much China has invested in it and how it cooperates with international capitals, so that they could decide whether to be part of it.

    Regarding Washington's recent allegations against the initiative, Avery Goldstein, director of Penn Center for the Study of Contemporary China, said he believes that it is a mistake to have a blanket condemnation of the BRI.

    "You have to begin with facts," said Goldstein, a professor of global politics and international relations.

    "I don't think it makes sense to simply refer to the entire Belt and Road Initiative as a grand effort at debt trap diplomacy by the Chinese side," he said, noting the positive contribution to the development of participating countries by some projects in the Belt and Road framework.

    The three-day Philadelphia event takes place several days ahead of the second edition of the Belt and Road Forum for International Cooperation (BRF) , scheduled for April 25-27 in Beijing, which is to promote the high-quality development of the BRI cooperation as according to Chinese State Councilor and Foreign Minister Wang Yi.

    The China summit was launched in 2016 and intended to bring students, experts, and business people together to discuss China's social and economic development as well as its interactions with the United States and with the rest of the world.

    010020070750000000000000011100001379990781
    主站蜘蛛池模板: 国产美女无遮挡免费视频 | 日韩一卡2卡3卡4卡| 精品国产三级v| 香蕉人人超人人超碰超国产| 2023悦平台今天最近新闻| 中文国产成人精品久久96| 久久国产综合精品欧美| 久久精品国产一区二区三区肥胖 | 欧美黑人粗大xxxxbbbb| 永久免费无码日韩视频| 狠狠操精品视频| 欧美日韩不卡高清| 波多洁野衣一二区三区| 欧美精品videossex欧美性| 机机对在一起30分钟软件下载| 最近中文字幕高清免费大全8| 日韩a级毛片免费视频| 最近免费中文字幕大全高清大全1| 最近最新中文字幕免费的一页 | 自慰被室友看见强行嗯啊男男| 麻豆国产精品免费视频| 要灬要灬再深点受不了好舒服| 青青青在线观看视频免费播放| 精品无码人妻一区二区三区| 精品一区二区三区在线视频| 毛茸茸bbw亚洲人| 日韩不卡视频在线| 日韩免费高清一级毛片在线| 13一14sex破| avtom影院入口永久在线app| 99久久免费国产精精品| 饭冈加奈子黑人解禁在线播放| 精品无码无人网站免费视频| 狠狠精品干练久久久无码中文字幕| 欧美激情(一区二区三区)| 最近免费中文字幕大全高清大全1 最近免费中文字幕大全高清大全1 | 男人精品网站一区二区三区| 欧美bbbbbxxxxx| 日本无遮挡漫画| 好大好硬好爽好舒服| 国产精品无码翘臀在线观看|