Officially it's the Chinese government's Belt and Road Initiative: The New Silk Road is a trillion-dollar series of infrastructure projects meant to smooth the way for Chinese goods across the globe. It translates to highways, bridges, railways, ports; with a network stretching across Asia, Africa and into Europe. Partner countries are often eager for investment, and for improvements to old infrastructure. But the New Silk Road isn't a charity project. China is lending money, and spreading debt. Sri Lanka even handed a port to the Chinese after nearing default. And then there's the geopolitical significance: China is aiming for new influence on world markets. China’s New Silk Road is a highly centralized plan that leans on loads of cash and diplomacy from Beijing. The original Silk Road by comparison was a loose collection of trade routes that stretched from the Far East across the plains of Central Asia to the Western World. So what's similar apart from the name? You might say that the original Silk Road was where globalization got its start.
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