Happy Lunar New Year from the USC US-China Institute!
Congressional Research Service, China's One Belt, One Road Initiative, January 22, 2021
This 3 page report is available in pdf form at the link below.
President Xi Jinping of the People’s Republic of China (PRC or China) in 2013 launched an ambitious and multifaceted foreign economic policy initiative—One Belt, One Road—to expand China’s global economic reach and influence. In 2015, Beijing changed the English name to the Belt and Road Initiative (BRI), possibly to deflect from its focus on developing China-centered and controlled global ties in a hub and spoke format. In October 2020, the Communist Party of China’s Central Committee reaffirmed the effort’s central role in national economic development and securing China’s supply chains. A January 2021 White Paper, International Development Cooperation in the New Era, issued by China’s cabinet, highlights the initiative’s role as a platform for China’s global commercial activity.
Ying Zhu looks at new developments for Chinese and global streaming services.
David Zweig examines China's talent recruitment efforts, particularly towards those scientists and engineers who left China for further study. U.S. universities, labs and companies have long brought in talent from China. Are such people still welcome?