Virus Hits Xi’s Belt & Road Ambitions

Virus Hits Xi’s Belt & Road Ambitions

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Business

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Hard

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The transcript discusses the significant impact of the virus on China's domestic and overseas economies, particularly affecting the Belt and Road Initiative. Quarantine measures have disrupted workers and supply chains, leading to delays in major projects in Southeast Asia and beyond. The virus has also affected corporate expansion plans globally. As a result, China may need to downsize and rebrand its Belt and Road projects, focusing on fewer countries and reducing risks. This situation presents an opportunity for China to partner more collaboratively with other countries.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the effects of the virus on China's domestic economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the virus affected overseas workers from China?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes have been observed in China's outbound investment due to the pandemic?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications does the slowdown in investment have for Xi Jinping's strategy?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could the pandemic lead to a rebranding of China's Belt and Road Initiative?

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