Memo 3: China and The Belt and Road Initiative
To: POL 245: American Foreign Policy From: Kelsea Albertson, Dan Curran, Talia Guglietta, Samantha Landry, and Kennedy Muise Date: March 24, 2019 RE: China and The Belt and Road Initiative Executive Summary Whether it is known as the “New Silk Road”, the “Belt and Road Initiative” or the “One Belt One Road Project,” the World Bank describes the The Belt and Road Initiative (BRI) as “an ambitious effort to improve regional cooperation and connectivity on a trans-continental scale”. The origins of the BRI derives from the “The Silk Road” project which started during the westward expansion of China’s Han Dynasty from 206 BC–220 AD. The current Chinese government announced its idea to expand this vast trade network in 2013 and started regional projects as early as 2015. While the BRI stretches across many global regions, it has important implications in Asia and Africa. In Asian countries, the BRI is working to build infrastructure and ports to have a greater influen...