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Belt and Road Initiative aims to boost globalization

The China-led program should be welcomed in countering growing protectionism

| China
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Greek Prime Minister Alexis Tsipras met Chinese President Xi Jinping ahead of the Belt and Road Forum in Beijing on May 13.   © Reuters

In mid-May, leaders and top representatives from at least 30 countries and international organizations will gather in Beijing for a grand summit of China's Belt and Road Initiative. The scale of the event will rival that of the G20 summit in Hangzhou last September.

Participants include leaders from Russia, Turkey, Italy, Myanmar, the Philippines and Indonesia as well as officials from the United Nations, the International Monetary Fund and the World Bank. Toshihiro Nikai, secretary general of Japan's ruling Liberal Democratic Party will be present, while the U.S. will send a senior delegation, led by Matt Pottinger, who oversees Asian affairs at the National Security Council.

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