The Belt and Road Initiative (BRI), announced in 2013, is not only China’s most ambitious global infrastructure project but also one of the largest ever attempted anywhere. It aims to develop a free trade zone and improve global connectivity across the Eurasian landmass. With an estimated investment of USD4 to 8 trillion and affecting over 70 countries, can China successfully connect all these economies together?
Month: July 2018
Humankind’s future ability to feed itself is in jeopardy due to the concurrent degradation of land, water, climate and biodiversity on a global scale. The human population is set to reach 10 billion people by 2050, increasing the global demand for agricultural products by 70 per cent. By 2022, India will surpass China as the most populous country in the world. Will innovation in agriculture be able to feed the global population?
The Philippines is emerging as one of Asia’s most dynamic economies, with a forecasted growth rate of 6.9 per cent in 2018 driven by investment and private consumption. The economy recorded growth of over 6 per cent in 2017, for the sixth straight year, thanks to buoyant government spending, exports and a recovery in the agricultural sector. Will this Southeast Asian tiger be able to maintain its momentum?