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Insights on B&R: Belt & Road's success needs careful investment planning

CCTV.com

05-15-2017 14:51 BJT

Full coverage: Special Program

By CCTV.com Panview team

Editor's note: As the first Belt and Road Forum for International Cooperation is soon to be held here in Beijing from May 14 to 15, CCTV.com Panview team goes into universities and talk to some young scholars from countries en route the B&R to find out what they are thinking of this initiative.

In today's episode of Insights on Belt & Road, the CCTV.com Panview team features an interview with Ravi Amar Prasad, a Yenching scholar at Peking University from the United Kingdom.

He discusses how the New Silk Road initiative is expected to build "groundbreaking" and more extensive railway networks all over the world, including a freight train that connects Yiwu, China with London.

The United Kingdom is one of the first 1st world Western markets to sign up for China's AIIB (Asian Infrastructure Investment Bank), which serves as the finance mechanism for B&R infrastructure projects.

The British scholar believes people from the UK can play a pivotal role for the B&R, since London is a major global hub for financial/legal/consulting services. China could utilize British expertise to construct better infrastructure.

Prasad also highlighted how London has embarked on the Northern Powerhouse Project, which would boost industrialization in the northern part of the UK. Accordingly, the B&R can invest in the project.

He explains this and more.

You can watch this episode and stay tuned for future episodes of CCTV.com's Insights on Belt & Road video series …

(The opinions expressed here do not necessarily reflect the opinions of Panview or CCTV.com)

   

Panview offers a new window of understanding the world as well as China through the views, opinions, and analysis of experts. We also welcome outside submissions, so feel free to send in your own editorials to "globalopinion@vip.cntv.cn" for consideration.

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