1、 https:/crsreports.congress.gov January 22, 2021Chinas “One Belt, One Road” Initiative: Economic IssuesPresident Xi Jinping of the Peoples Republic of China (PRC or China) in 2013 launched an ambitious and multifaceted foreign economic policy initiativeOne Belt, One Roadto expand Chinas global econo
2、mic reach and influence. In 2015, Beijing changed the English name to the Belt and Road Initiative (BRI), possibly to deflect from its focus on developing China-centered and controlled global ties in a hub and spoke format. In October 2020, the Communist Party of Chinas Central Committee reaffirmed
3、the efforts central role in national economic development and securing Chinas supply chains. A January 2021 White Paper, International Development Cooperation in the New Era, issued by Chinas cabinet, highlights the initiatives role as a platform for Chinas global commercial activity. Scope and Obje
4、ctives One Belt, One Road aims to develop China-centered and -controlled global infrastructure, transportation, trade, and production networks. While initially focused on Asia, Europe, and Africa, the scope has become global and encompasses over 100 countries, including the United States. It include
