Challenges in Belt and Road construction

Sub-title: 

Cooperation urged at forum to ensure high-quality development

Description: 

"In April 2019, the second Belt and Road Forum for International Cooperation was held in Beijing, launching a new journey of the joint construction of the Belt and Road with high quality. In the keynote speech at the opening ceremony of the forum, President Xi Jinping pointed out that we should work together for high-quality development of the Belt and Road cooperation, fully implement the principle of extensive consultation, joint contribution and shared benefits, pursue open, green and clean cooperation, and follow a high-standard, people-oriented and sustainable approach. The connotation of high-quality development of Belt and Road cooperation was clarified. During the forum, relevant departments also released or launched the Debt Sustainability Framework for participating countries of the Belt and Road Initiative, Beijing Initiative for the Clean Silk Road, Cooperation Initiative on Silk Road of Innovation and Green Investment Principles. Background of the high-quality belt and road construction For some time now, some countries in Europe and the United States have questioned and made accusations against the Belt and Road Initiative. First, the questions are about “best practices” or international rules. Some European and American countries believe that the Belt and Road Initiative does not comply with “internationally accepted rules”, including “transparency”, “environmental social security” and “debt sustainability”; fails to perform “free trade” or “fair competition”; undermines the ecological environment; disrespects the legitimate rights and interests of workers in the host country; and increases the debt burden of the host country..."

Creator/author: 

Zhou Taidong

Source/publisher: 

"Asia Times" (Hong Kong)

Date of Publication: 

2019-08-19

Date of entry: 

2019-10-28

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Geographic coverage: 

Global

Language: 

English

Resource Type: 

text

Text quality: 

    • Good