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Economy

China's Belt and Road initiative vital to Asian job creation

Project will increase prospects for political and economic stability in the region

The Belt and Road Initiative, announced by Chinese President Xi Jinping in 2013, involves building infrastructure along the historic Silk Road routes connecting China to 64 other countries in Southeast, South and Central Asia and the Middle East. The initiative has been welcomed as a stimulus to global growth, while helping countries to overcome poor physical and social infrastructure.

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