The Chinese Maritime Silk Route: An Opportunity to be Seized
China Watch
Recreating History
China has launched a new initiative to build a “Maritime Silk Route” linking the Pacific and Indian oceans. It was first proposed by President Xi Jinping during a visit to Indonesia in October 2013. Furthermore, Premier Li Keqiang has announced the establishment of a Yuan 3 billion ($500 million) maritime cooperation fund to promote this initiative.