CLSA
Xi Jinping’s ambitious strategic initiative – an adaptation of the historical Silk Road – could sow the seeds for a new geopolitical era


THIRTY YEARS OF UNPRECEDENTED GROWTH
In just 30 years, China has developed from a poor inward-looking agricultural country to a global manufacturing powerhouse. Its model of investing and producing at home and exporting to developed markets has elevated it to the world’s second-largest economy after the USA.
Now faced with a slowing economy at home, China’s leadership is looking for new channels to sustain its appetite for growth at a time when developing neighbours are experiencing rapidly rising demand.