China's 'Belt & Road' Initiative: 23 things you want to know
The ambitious Chinese 'One Belt One Road' Initiative will see the participation of at least 60 countries.
Curated By: Madhu Kapparath
China is under pressure to transform from low-end to high-end commodity, capital and technology exports; an answer to deal with the problem of massive overcapacity in its industries. In 2015, China accounted for over 50% of global overcapacity in steel. The end of the infrastructure boom within the country has led to an idle labour force specialised in the building and completion of of large-scale projects.
