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(Opinion) Clarity needed on nature of Belt and Road projects

2016-06-06 09:17:51       source:Global Times

June 6, 2016

"The One Belt and One Road initiative advanced by Chinese President Xi Jinping is an unprecedented strategy in the modern history of China. But there are certain issues that China needs to pay attention to in order to avoid the initiative being misread by some countries as a philanthropic project. Some countries might hope to pay lower prices to Chinese partners or impose harsher terms on projects categorized as Belt and Road projects.

Therefore, it is necessary and essential for Chinese authorities to clearly communicate the nature and objective of the initiative to countries along the route so that they understand the projects under the initiative are not part of a political task that China must accomplish at any cost. On the contrary, these projects must be operated in full accordance with market rules. "

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