Saturday, September 17, 2016

ecns [expanded by feedex.net]: China's Belt and Road initiaive to unleash global prosperity: Kenyan scribe

ecns [expanded by feedex.net]

ecns

China's Belt and Road initiaive to unleash global prosperity: Kenyan scribe
http://www.ecns.cn/2016/09-17/226708.shtml
Sep 17th 2016, 13:17





Saturday Sep 17, 2016






The Belt and Road initiative being championed by China will unleash global prosperity through increased cross border trade, cultural interactions and skills transfer, a Kenyan scribe said on Friday.
Charles Kerich, an editor with a local daily, The Star Newspaper, said in a commentary that China's Belt and Road initiative will have profound impact on economies and livelihoods across a large swathe of Africa, Middle East, Europe and Asia.
Chinese President Xi Jinping in 2013 launched the initiative to build a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes.
Kerich who recently visited China hailed China's move to revive the ancient trade routes that underpinned global prosperity in the middle ages.
China-funded mega infrastructure projects like the SGR, sea ports and highways will catalyze industrial transformation in Kenya and the larger Eastern African region, he said.
China has as of June this year signed inter-governmental cooperative agreements or memorandums of understanding with more than 40 countries and international organizations on Belt and Road projects.
Kerich said that around half of the world's population will benefit from the Belt and Road initiative, lauding China's commitment to the speedy implementation of the initiative.
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