China Bets on 'One Belt, One Road' Strategy

The video discusses the Belt and Road Initiative, focusing on its economic implications, impact on the Chinese currency, and associated political and financial risks. The initiative aims to boost trade and economic growth in emerging markets, though its success is long-term. It also serves as a testing ground for RMB internationalization. However, political instability and financial risks pose challenges, necessitating private investment and robust frameworks to ensure project success.

In what ways can the Belt and Road Initiative serve as a testing ground for the internationalization of the Chinese currency?

What are the risks associated with financing projects under the Belt and Road Initiative?