China’s new Silk Road Project to Boost Global Trade
China’s ambitious multi-trillion-dollar One Belt One Silk Road initiative could increase global trade by as much as 12%, cutting trading costs by 50% for the countries involved. Trade for Russia, Kazakhstan, Poland, Nepal, and Myanmar would rise by an estimated 35% to 45%. China would see its trade jump by about 20%. Trade between Asia and … Continue reading China’s new Silk Road Project to Boost Global Trade
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