Decades of economic growth and government prioritization have enabled China to position itself at the nexus of global maritime trade. Beijing is pushing to leverage the nation’s resources to further strengthen connectivity, with a key emphasis on enhancing port infrastructure.
China’s support for rail infrastructure development across the globe provides a unique opportunity for Beijing to drive regional connectivity and reap the resulting economic and political benefits. Much of this effort is linked to the Belt and Road Initiative, a flagship effort aimed at positioning China at the center of global trade and commerce.
Encouraged by Beijing’s “Go Global” strategy, Chinese firms have expanded into foreign markets to acquire resources and assets while spurring domestic innovation. Overseas investment allows China to bolster its own economy and leverage its economic power to expand its influence abroad.
China’s Belt and Road Initiative (BRI) aims to enhance the country’s connectivity with the world by developing infrastructure and bolstering economic and cultural ties. Learn about the BRI and its progress in this ChinaPower feature.
