Description

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China's Belt and Road Initiative (BRI) is an important developmental measure that started from September 2013 when Chinese President Xi Jinping initiated the strategic concept of building a new Silk Road Economic Belt, as a model for global economic development and growth.This book focuses on the BRI's influence on the interregional cooperation between Asia and Europe. It discusses a variety of topics including financial security -- featuring how financial institutions, such as Asian Infrastructural Investment Bank, World Bank and Asian Development Bank provide feasible financial support for the economic development of countries along the BRI route; China's Economy and the 'New Normal' transformation; the integration of high-speed railways, equipment manufacturing into the Initiative; the China Dream and many more.