Initially conceived as the “Silk Road Economic Belt” and the “21st Century Maritime Silk Road” in 2013 by Chinese President Xi Jinping, the Belt and Road Initiative (BRI) seeks to connect “the vibrant East Asian economic circle at one end and developed European economic circle at the other” and enhance intra- and inter-regional connectivity through a series of land and maritime infrastructure projects, trade agreements and investments that span cooperation in cyberspace, blue economy and people-to-people exchanges.
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