Analysis by Kalinga Seneviratne
BANGKOK (IDN) – China is keen to demonstrate that its ‘One Belt, One Road’ initiative, dubbed the “New Silk Route” by the media, is not geared to exclusively serve China’s economic interests, but to build connectivity in the region and beyond for the benefit of all.
This was the message from a high-powered Chinese team taking part in a ‘side-event’ organised by China at the 72nd UN Economic and Social Commission for Asia and the Pacific (ESCAP) sessions here May 17-19. It is also an idea that ESCAP is strongly endorsing as it embarks on promoting a new development paradigm for the region.
In an opening address to the event, China’s Deputy Foreign Minister Qian Hongshan said that the ‘Belt’ is designed “to form synergy between the development strategies of various countries, draw on their respective strengths and unleash the huge development potential of this region to achieve common progress”.