Our International Dispute Resolution team is pleased to provide you with a brief update about China’s “One Belt One Road” initiative, currently one the world’s most significant infrastructure projects. This update looks at recent developments including:
- Its official change of name to the “Belt and Road Initiative” (BRI)
- Greater clarity on certain BRI projects – in particular, the six economic corridors, its “Digital Silk Road” and other connectivity solutions
- How China may look to fund the initiative using both regional and international sources
- Ways that the Chinese Supreme People’s Court may intend to resolve disputes arising from the BRI