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The New Silk Road

China’s remarkable economic growth requires a remarkable amount of raw materials — more materials, in fact, than the once self-sufficient country can now produce on its own. And in an effort to procure these materials closer to home, Beijing has enacted the One Belt, One Road initiative, parts of which follow the ancient Silk Road trading route that connected the Far East to Europe. The initiative is a development strategy meant to integrate resources and markets throughout Eurasia, create new trading partners, ensure employment for Chinese workers and diversify the Chinese currency. Perhaps the ultimate goal of One Belt, One Road, however, is to insulate the Chinese economy from sudden disruptions — all the more important now that growth is finally slowing.

China’s remarkable economic growth requires a remarkable amount of raw materials — more materials, in fact, than the once self-sufficient country can now produce on its own.
(Aref Karimi/AFP/Getty Images)
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