Prof. Weidong LIU, Professor in Economic Geography, Assistant Director, and Chair of the Center for the Belt and Road Initiative, Institute of Geographical Sciences and Natural Resources Research, Chinese Academy of Science
Sponsored by China Project, Harvard Paulson School of Engineering and Applied Sciences
Abstract: China’s Belt and Road initiative (BRI) is a call for an open and inclusive model of cooperative economic, political and cultural exchange (i.e. inclusive globalization) that draws on the deep-seated meanings of the ancient Silk Roads. This Initiative reflects China’s rise as a global power, and its industrial redeployment, increased outward investment and need to diversify energy sources and routes. The BRI involves infrastructure building and economic cooperation as well as the development of new multilateral financial instruments, which will help to extend the march of modernization and poverty reduction to emerging countries. This alternative globalization path is likely to change existing international division of labor, and thus has profound implications for managing energy and related environmental issues in China.