Under the leadership of President Xi Jinping, the Chinese Government established the "Silk Road Fund" to "...expand strategic trust through more opening up and connectivity." The fund entails a US$40 billion commitment on the part of China to improve…
First envisioned in 2011 by the United States Department of State, the New Silk Road Initiative supports regional integration with a primary focus on building links between Afghanistan and neighboring countries.
The "Silk Road Economic Belt" and "21st Century Maritime Silk Road" is a new initiative by the Chinese Government to bolster trade across Asia, Europe and Africa. Whereas the "Maritime Silk Road" passes from Southern China through Western Asia, the…