Channel: KJ Reports
Category: Education
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Description: After 30 years of reform and opening up, China was faced with 3 problems. 1st – huge foreign exchange trade surpluses 2nd – huge overcapacity of construction materials and engineering companies 3rd – access to the world restricted to her east coast through the China Seas, where the US had built 180 military bases to encircle China. To convert these problems into opportunity, in 2013, in Kazakhstan, Xi Jinping announced the Belt and Road Initiative (BRI), the largest infrastructure project in history, the first phase of which was 10 times the size of the Marshall Plan in Europe after the Second World War. Support me here; Patreon - patreon.com/kjreports KJ Subscription - kjreports.com/subscribe Donations - fundmypage.com/kjvids Podcast - kjreports.com/podcasts Social Media; Facebook - facebook.com/kjreports Instagram - instagram.com/kjreports Twitter - twitter.com/kjvids?lang=en This will help to keep our channel alive. Thanks guys