China and Europe are both proponents of an inclusive trade system where the predictability and certainty provided by them is a balancing force against unilateralism. The global multilateral arrangement could have easily reached its tipping point if it was not for the willingness of China and Europe to keep it functioning.
A 2015 IMF report ranks Pakistan third among countries facing such scarcity, with 2025 seen as a crisis point, if not before. BRI is an opportunity that Pakistan intends to fully utilize to overcome its trade and energy deficiencies.
“I think we support the Belt and Road. Thailand would like to make sure the Belt and Road can be linked with our internal infrastructure project, particularly in the Eastern Economic Corridor (EEC).”
“During the course of our history, as a commonwealth country and way back into the British Empire where Britain was connected by trade to most countries in the world, there has always been a spirit of adventure directed towards connecting countries and promoting trade.”
It is impossible for the U.S. to sit idly by because as a hegemonic superpower, it constantly desires dominance of the global system. The U.S. considers the BRI a challenge to its hegemony.
Bullying cannot lead to cooperation, and hegemony cannot bring about development.
“What we want is to strengthen the already excellent collaboration we have with China in terms of investment, yet there are also more areas we can improve cooperation such as trade, technological collaboration, agriculture, and tourism.”
“The Chinese government is now encouraging Chinese enterprises to go global and invest abroad. The two countries have great space for cooperation in the EU market, African and Arab markets, and other areas.”
At the same time, the BRI is also helping the world meet many of the UN’s 17 Sustainable Development Goals (SDGs).
China has always looked to cooperating with rather than dominating other countries
“Many problems have been solved over the last five years. As people realize that the Belt and Road Initiative is more than ambition, they shall undertake its management and comprehension more effectively.”
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