CUHK Business School Research Finds the Rise of Rail Along China’s Belt and Road Stimulates the Maritime Freight Market and Local Economies

HONG KONG SAR – Media OutReach – 13 January 2022 – The Belt and Road Initiative, announced in 2013, represents China’s most ambitious effort yet to strengthen its physical connectivity to the world. As a programme of vast infrastructure building throughout the country’s neighbours, it comprises of two major components: A land trade route known as the Silk Road Economic Belt that links China to Europe via Central Asia and Russia as well as to other Asian countries, and a sea route known as the 21st Century Maritime Silk Road running from the East coast of China to Europe through the Indian and South Pacific Oceans.