Thursday, 28 July 2016

China's Huge 'One Belt, One Road' Initiative Is Sweeping Central Asia (William T. Wilson, The National Interest)

Having overbuilt in many domestic industries—such as coal, cement and even solar panels—the Chinese government is redirecting its capital abroad. The aim is to reduce excessive industrial capacity at home while increasing financial returns. U.S. policymakers ought to be watching this very closely.

http://nationalinterest.org/feature/chinas-huge-one-belt-one-road-initiative-sweeping-central-17150

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