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China’s Silk Road Vision

While the outside world frets about China’s growth slowdown, the country is pressing ahead with an initiative that will benefit the entire global economy. The "one belt, one road" strategy will facilitate China's economic transition, while creating unparalleled opportunities for other developing countries.

BEIJING – In 2015, global headlines reflected mounting concerns about China’s slowing economy and whether the country can maintain its reform momentum and complete its shift to a new growth model based on higher domestic consumption and expanded services. Within China, however, confidence in the economy’s long-term trajectory remains undiminished. Indeed, although Chinese leaders are undoubtedly mindful of the growth slowdown, they remain focused on ensuring the realization of President Xi Jinping’s “one belt, one road” initiative. That will remain true in 2016.