Belt and Road helps unlock potential of emerging markets, expert says
                 Source: Xinhua | 2019-04-22 21:37:02 | Editor: huaxia

Aerial photo taken on Nov. 14, 2018 shows the construction site of the Colombo Port City project in Colombo Port City, Colombo, Sri Lanka. A China-funded port city being constructed in Sri Lanka's capital Colombo has completed the reclamation of land from the sea and will soon be ready for the second phase, China's CHEC Port City Colombo (Pvt) Ltd. said on Jan. 16, 2019. (Xinhua)

PHILADELPHIA, the United States, April 20 (Xinhua) -- The Belt and Road Initiative is helpful for unlocking the potential of emerging markets and many U.S. businesses want to know more about it for making investment decisions, according to experts at the 2019 Penn Wharton China Summit held here.

"Belt and Road is enormous. It's no overstatement to say it could be the project of the century," Geoffrey Garrett, dean of the Wharton School at the University of Pennsylvania (Penn), told the event while commenting on the China-proposed initiative aimed at building trade and infrastructure network connecting Asia with Europe, Africa and beyond.

"My bottom line on this is quite simple: for every emerging market in the world other than China, infrastructure is about the biggest challenge they face. If you want to unlock the full potential of emerging markets, we need to help emerging markets build infrastructure," Garrett said in his keynote speech at the student-run Wharton summit beginning Friday.

The U.S. government, he said, has expected the private sector to "become the big infrastructure developers in emerging markets." However, the U.S. private sector has been disinvesting in Africa as increasing Chinese funds go into the continent, he added.

"Because the Chinese government is thinking about 20 years from today, 50 years from today," he said. "I think that the U.S. needs to follow China's lead and think differently about the way it finances infrastructure development."

Sun Zhe, co-director of the China Initiative at Columbia University's School of International and Public Affairs, said there is a desire on the U.S. side to know more about the Belt and Road.

He told Xinhua on the sidelines of the event that many U.S. businesses want to know how many countries have joined it, and how much China has invested in it and how it cooperates with international capitals, so that they could decide whether to be part of it.

Regarding Washington's recent allegations against the initiative, Avery Goldstein, director of Penn Center for the Study of Contemporary China, said he believes that it is a mistake to have a blanket condemnation of the BRI.

"You have to begin with facts," said Goldstein, a professor of global politics and international relations.

"I don't think it makes sense to simply refer to the entire Belt and Road Initiative as a grand effort at debt trap diplomacy by the Chinese side," he said, noting the positive contribution to the development of participating countries by some projects in the Belt and Road framework.

The three-day Philadelphia event takes place several days ahead of the second edition of the Belt and Road Forum for International Cooperation (BRF) , scheduled for April 25-27 in Beijing, which is to promote the high-quality development of the BRI cooperation as according to Chinese State Councilor and Foreign Minister Wang Yi.

The China summit was launched in 2016 and intended to bring students, experts, and business people together to discuss China's social and economic development as well as its interactions with the United States and with the rest of the world.

Back to Top Close
Xinhuanet

Belt and Road helps unlock potential of emerging markets, expert says

Source: Xinhua 2019-04-22 21:37:02

Aerial photo taken on Nov. 14, 2018 shows the construction site of the Colombo Port City project in Colombo Port City, Colombo, Sri Lanka. A China-funded port city being constructed in Sri Lanka's capital Colombo has completed the reclamation of land from the sea and will soon be ready for the second phase, China's CHEC Port City Colombo (Pvt) Ltd. said on Jan. 16, 2019. (Xinhua)

PHILADELPHIA, the United States, April 20 (Xinhua) -- The Belt and Road Initiative is helpful for unlocking the potential of emerging markets and many U.S. businesses want to know more about it for making investment decisions, according to experts at the 2019 Penn Wharton China Summit held here.

"Belt and Road is enormous. It's no overstatement to say it could be the project of the century," Geoffrey Garrett, dean of the Wharton School at the University of Pennsylvania (Penn), told the event while commenting on the China-proposed initiative aimed at building trade and infrastructure network connecting Asia with Europe, Africa and beyond.

"My bottom line on this is quite simple: for every emerging market in the world other than China, infrastructure is about the biggest challenge they face. If you want to unlock the full potential of emerging markets, we need to help emerging markets build infrastructure," Garrett said in his keynote speech at the student-run Wharton summit beginning Friday.

The U.S. government, he said, has expected the private sector to "become the big infrastructure developers in emerging markets." However, the U.S. private sector has been disinvesting in Africa as increasing Chinese funds go into the continent, he added.

"Because the Chinese government is thinking about 20 years from today, 50 years from today," he said. "I think that the U.S. needs to follow China's lead and think differently about the way it finances infrastructure development."

Sun Zhe, co-director of the China Initiative at Columbia University's School of International and Public Affairs, said there is a desire on the U.S. side to know more about the Belt and Road.

He told Xinhua on the sidelines of the event that many U.S. businesses want to know how many countries have joined it, and how much China has invested in it and how it cooperates with international capitals, so that they could decide whether to be part of it.

Regarding Washington's recent allegations against the initiative, Avery Goldstein, director of Penn Center for the Study of Contemporary China, said he believes that it is a mistake to have a blanket condemnation of the BRI.

"You have to begin with facts," said Goldstein, a professor of global politics and international relations.

"I don't think it makes sense to simply refer to the entire Belt and Road Initiative as a grand effort at debt trap diplomacy by the Chinese side," he said, noting the positive contribution to the development of participating countries by some projects in the Belt and Road framework.

The three-day Philadelphia event takes place several days ahead of the second edition of the Belt and Road Forum for International Cooperation (BRF) , scheduled for April 25-27 in Beijing, which is to promote the high-quality development of the BRI cooperation as according to Chinese State Councilor and Foreign Minister Wang Yi.

The China summit was launched in 2016 and intended to bring students, experts, and business people together to discuss China's social and economic development as well as its interactions with the United States and with the rest of the world.

010020070750000000000000011100001379990781
凤凰彩票 大发app 凤凰彩票app 乐发iv游戏平台 凤凰彩票大厅 乐发彩票 乐发彩票app下载 大发彩票 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 凤凰彩票大厅 乐发官网 乐发ii下载入口 乐发ll 乐发v平台 乐发v官网 乐发lll 乐发lv入口 乐发iv首页 乐发ll登录 乐发lv 乐发lll安装 乐发lv 乐发登录入口 乐发iv游戏平台 凤凰彩票登录 网信彩票 彩神 彩神彩票官方网站 彩神彩票官网首页 彩神官方app下载安卓版 凤凰彩票登录 彩神v3 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 快3官网 网信彩票 快3app 网信彩票平台 百姓彩票平台 网信平台官网 快3app下载 百姓彩票 每日彩票 快3app 百姓彩票 每日彩票 快3app 百姓彩票平台 幸运5分彩快3 快3彩票app下载 百姓彩票网站网址 大发10分PK10 快3下载 网信彩票平台 网信平台官网 快3彩票官网app 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 大发彩票app下载 百姓彩票网站网址 彩神购彩平台 每日彩票 官方正规快三彩票平台 彩神彩票购彩平台 百姓彩票 凤凰彩票购彩平台 凤凰彩票app下载 彩神官方app下载安卓版 网信快三 一分快3 快三彩票购彩平台 凤凰彩票官方 彩神彩票 大发10分PK10 彩神v3 凤凰彩票登录 乐发lv 乐发∨Il 百姓彩票网站网址 乐发彩票 乐发彩票官方网站 乐发lll安装 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 一分快3 百姓彩票网站网址 凤凰彩票app下载 大发10分PK10 乐发2 乐发app 凤凰彩票 大发彩票app 乐发登录入口 乐发ll登录 乐发v官网 乐发官网 大发彩票app下载 凤凰彩票购彩平台 彩神彩票 官方正规快三彩票平台 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 乐发lll 乐发ii下载入口 乐发彩票官方网站 凤凰彩票官方网站 凤凰快3 彩神彩票官网首页 1分快三平台 百姓彩票平台 凤凰彩票登录 幸运5分彩快3 彩神 乐发彩票 乐发 大发彩票 乐发iv游戏平台 乐发lv 凤凰彩票app 乐发app 网信彩票平台 网信彩票平台 乐发iv游戏平台 凤凰彩票app 乐发lv 乐发彩票app下载 凤凰彩票app 网信彩票平台 乐发彩票app下载 乐发lv 乐发app 大发彩票安卓下载 大发彩票安卓下载 大发彩票 乐发彩票app下载 网信彩票平台 乐发iv游戏平台 彩神彩票 乐发彩票中心 极速快3彩票平台 人人快三凤凰 大发彩票app 大发彩票大全 乐发彩票 彩神彩票官方网站 乐发app 酷天堂彩票平台 凤凰彩票app下载 凤凰彩票大厅 凤凰彩票app 极速快3彩票平台 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 大发彩票app 网信彩票用户 百姓快三 百姓彩票平台 乐发lv 乐发彩票app下载 彩信平台 网信彩票 乐发彩票官方网站 乐发∨Il 人人快三凤凰 凤凰彩票 凤凰快3 乐发ll官网 乐发彩票中心 正规快三送彩金平台 凤凰彩票官方 乐发ll 乐发 网信彩票 彩神彩票 彩神彩票官方网站 人人快三凤凰 乐发彩票 彩神彩票 乐发iv游戏平台 乐发彩票 大发彩票中心 凤凰彩票登录 凤凰彩票app 彩神彩票 大发彩票 乐发ll 大发彩票app 凤凰快3 凤凰彩票 彩神彩票 乐发ll 凤凰彩票 乐发lll 凤凰彩票大厅 网信彩票 彩神彩票 乐发lv 快盈彩票 乐发彩票官方网站 盈彩网投资平台 大发官网 一分时时彩 乐发lv 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 大发彩票 极速快3 乐发app 彩神iv 大发彩票app 大小单双平台 一分pk10 乐发lv 快盈彩票 乐发官网 快彩彩票 百姓彩票 凤凰彩票大厅 网信彩票 乐发彩票中心 网信快3 乐发 彩神xl 三分快3 大发彩票 大发官网 乐发lll 快3平台 凤凰快3 乐发ll 全民彩票 乐发彩票官方网站 百姓彩票 乐发彩票 乐发彩票官方网站 大发彩票 乐发 分分快3 彩神vl 55世纪 55世纪 凤凰快3 乐发彩票 乐发lv welcome凤凰彩票 乐发ll 1分快3 彩神 彩神ll 1分快3官网 1分快3的平台 welcome凤凰彩票 三分快3 彩神x 彩神vl 凤凰彩票 彩神xl 大发彩票 凤凰彩票大厅 乐发官网 乐发ll 乐发lll 乐发lv 大发彩票app 大发彩票 乐发 乐发彩票 乐发彩票中心 凤凰快3 乐发彩票 彩神xl 腾讯快3 大发彩票 彩神xl 大发彩票 乐发彩票 大发彩票app 快3平台 乐发 1分快3 乐发彩票 彩神x 凤凰快3 彩神xl 彩吧助手 大发彩票app 快3平台 大发排列3 彩神iv 彩神vl 乐发IV 彩神x 一分pk10 大发排列3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 一分pk10 凤凰彩票 乐发Vll 大发官网 乐发ll 大发彩票 乐发1 凤凰快3 彩神vl 乐发lx 百姓彩票 乐发VI 彩神x 乐发IV 极速快3 乐发 凤凰快3 网信快3 乐发lv 快3彩票 乐发app下载 三分快3 快三平台助手 乐发彩票ll 彩神iv 乐发lll下载 盈彩网投资平台 乐发Ⅲ 凤凰彩票大厅 乐发lv 乐发lv 乐发lv 凤凰彩票 大发彩票 大发彩票 凤凰彩票 乐发lv 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 乐发ll 凤凰彩票app下载 凤凰彩票 凤凰彩票 乐发lv 彩神x 乐发 乐发ll 极速快3 乐发lv 乐发彩票中心 快3彩票 凤凰彩票大厅 彩神x 凤凰彩票app 分分快3 网信彩票 网盟彩票 凤凰彩票 百姓彩票 乐发 快彩彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 乐发彩票 快3平台 百姓彩票 大小单双平台 凤凰快3 彩神xl 一分pk10 乐发lv 三分快3 大发彩票 极速快3 乐发ll 网信彩票 乐发lv 全民彩票 凤凰彩票app下载 快盈彩票 大发彩票app 大发官网 凤凰彩票 彩神iv 大发彩票 网信快3 凤凰彩票 百姓彩票