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China’s $1 trillion One Belt One Road (New Silk Road) initiative is unprecedented in size and scope. President Xi Jinping has sealed megaproject deals with 65 countries to construct ports, power stations, rail lines, roads, and all the tunnels and bridges needed to connect them back to mainland China.

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Video by Bryce Plank and Robin West

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“Electro Sketch” by Kevin MacLeod is licensed under a Creative Commons Attribution license (
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“City of Industry” & “Dark Night” by Matt Stewart-Evans:

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Script:
Having recently completed both the world’s most extensive system of expressways and the planet’s longest high speed rail network, China is now looking beyond its borders for opportunities to keep building. President Xi Jinping announced at a recent summit that Beijing has sealed megaproject deals with 65 countries throughout Eurasia and Africa to construct ports, power stations, rail lines, roads, and all the tunnels and bridges needed to connect them back to mainland China.

At a total cost of over $1 trillion, the One Belt, One Road initiative is unprecedented in size and scope. So is the bold funding mechanism: China will use its large, state-run banks to provide most of the financing, a risky move, when you consider how few of the nations in the O.B.O.R. could afford something like this on their own. “Oh,” say the leaders of economically-challenged, underdeveloped Laos, Yemen, or Ethiopia — or the blood-soaked regime of Bashar al-Assad in war-ravaged Syria — “you want to loan us billions of dollars to build some cool stuff in our countries? Of course, why not!?”

China is hard-selling the project as a way to boost its westward connections, an update of the silk road trade route that played a significant role in developing China and the rest of the region 1,000 years ago. But many analysts see this comparison as little more than a marketing pitch.

Al Jazeera clip: “Is the real point of this, East-West service then simply to boost China’s westward connections?
[Pauline Loong] “Well I wouldn’t say simply to boost China’s westward connections, but I totally agree with Charles that it’s more a PR stunt. To call it the “Silk Road,” that’s really brilliant—evocative of romantic camel travels in the past. When, you know, you have these lovely silks and trade and so forth. And it’s good, because look at all the headlines it has been getting, but in practical terms, it’s early days yet.”

[Bryce] Aside from the lessons China learned from its own recent infrastructure boom, Beijing is also drawing inspiration from the American Marshall Plan which financed the rebuilding of Western Europe after it was decimated during the second world war. That program was worth the equivalent of $130 billion in today’s dollars and ensured the US had reliable export markets for the manufactured goods and machinery its growing economy had become dependent on producing.

China’s modern version — first announced in 2013 — is the signature initiative of President Xi Jinping. Several projects have already been completed. Earlier this year London became the 15th European city connected directly to China through an ever-expanding global rail system, meaning freight trains loaded with goods can now arrive after a 12,000km journey all the way from the east coast of the landmass.

And, at a cost of $4 billion, China also just completed Africa’s first transnational electric railway, which runs 466 miles from Djibouti to Addis Ababa, the capital of Ethiopia. Chinese companies designed the system, built the line, and supplied the train cars…

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31 پاسخ به “China’s New “Silk Road”: Future MEGAPROJECTS”

  2. People are complaining USA bombs and don't help other countries, well I am not American, but I can tell you that USA and Europe gives billions of aid
    to underdeveloped countries and also access to their market without tax, and what USA have done to the Syria and Iraq and Afghanistan is needed to be done, check the history, logic then comment, what do u think u attack the world superpower and they will be silent ,and yes USA has also made mistake, but u know everything is fair in war.
    And people who are supporting China, U will know how good China is, and how good their intentions are after few years.
    huh, China doesn't care about humanity and well being of others, they only care about money.

  3. China building infrastructures for free trades between nations = China only focuses on business class people while disregarding the poor ones. China should build cheap housings and cleaner drinking water for them.
    America invading and bombing other nations = fighting for freedom

    When has America done something good to the world besides selling military weapons and putting sanctions on other countries? Syria, Iraq, Iran….?

    Logic???? Good to see your propaganda isnt working

  4. i wonder if dailyconversation ever criticizes the facts America supports 46 percent of dictatorships, and provides military and economic aid to dictatorships like Saudi Arabia,

  5. Let's see…China is lending money to boost trade and we – USA – give tax breaks to multinational corporations to do nothing with but put the money back into their own pockets.
    Now don't go getting me wrong China has some major human rights abuses to deal with but remember we, the USA, had slavery and Jim Crow terrorism on African-Americans for over 400 years! So don't go there.
    If our American politicians had an ounce of sense we wouldn't be wasting time, resources and energy attacking each other but learning to become competitive in a global market.

  6. China builds railways, ports and electricity for poor countries; sells cheap products made in China and improves the quality of life in poor countries. China derives profits from trade to promote the domestic economy. Is China wrong?

  7. How much did we wasted in Iraq and Afghanistan yet finished paying, anyone? How about building a silk road for North and South American instead of the useless carriers. Think about the economic multiplier. Now wait the military cartel will not approve of it, who should we send to convince them…. Trump the deal maker and his will match his match… China is financially blowing up really? sour grapes….

  12. 说实话我们更关心我们自己的问题,而你们更关心伊朗,我们愿意去工厂工作,而你们更在意股票.所以中国更快.说实话,那一个政党不让人讨厌呢?

  13. There are over million face detection cameras in USA, they call it for security. But Chinese cameras are called evil and, against human rights. USA has 23 trillion budget deficit, China has 3.1 trillion in reserve. China holds 1.3 trillion American debt. Chinese are smart now with trade issues. Chinese are getting rid of US tresury bonds and buying gold from world markets. Screw USA. There are over 7 billion people in the world China can do business with. US is not world.

  16. …"the blood-soaked regime of Bashar al-Assad"…
    Typical westerner who knows nothing about the world, educated by mainstream media, like CNN and New York Times, for example.
    The most blood-soaked regime in the world is USA. US and other western liberal democracies spilled so much blood all over the world in the last seventy years, and they are the cause of suffering of hundreds of millions people.

  21. Those rail road are going to pave the way to also build, clean water, low housing and many other basic things in these countries. It is far better than building weapon, destroying countries almost beyond repair. What China is doing should being done by the destructive, terrorist, killing machine , inept, brutish of USA.

  23. In the past America built the world's best network of bridges, railroads and highways , China built Great Wall ..
    Today China is building bridges railroads and highways … America is building Great Wall …

    One country is opening up and creating prosperity around the world , another is closing … Crumbling empire desperately trying to stay at the top …using their military to threaten the world instead of rebuilding it's own economy …

  29. Austronesian world including Philippines, Malaysia, Indonesia, and surrounding countries should have a strategic economic and military alliance to establish a vast and influential networks of trade routes- a silk sea so to speak. Mess with us and all your economic assets involved with us would disappear.

    Eventually we can trade with rest of the world and prosper as a compensation for our sad colonial past.

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