CHINA’S BELT AND ROAD INITIATIVE IS EXPECTED TO COST OVER $3 TRILLION:

It has the potential to jumpstart an era of global trade dominance for China.Sharelines   “The US needs to engage now” on China’s Belt and Road initiative.   The US will miss out if it passes on China’s Belt and Road initiative.   “China and Europe will have the opportunity of teaming up and setting the standards for everything commercial.”The Chinese initiative that envisions the creation of land and sea routes to span three continents presents opportunities for the United States that must not be squandered.That was the consensus of experts who participated in a panel discussion at the Atlantic Council, a Washington think tank, on October 4.China’s Belt and Road Initiative (BRI) is planned to link over sixty countries. The BRI “is a generational project and it will take a long time,” said Gal Luft, co-director of the Institute for the Analysis of Global Security. “The US needs to engage now.”Related Content:global logistics, air cargo, airports, international trade, exports, imports, cargo, ocean ports, trucking “