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This year marks the 10th anniversary of China’s Belt and Road Initiative — a platform for global cooperation, in which Beijing is actively creating and developing sea and land routes to Asia, Africa and Europe. The starting point of this grandiose project was the city of Xi’an, from which the ancient Silk Road originated.
The regulatory crisis in global trade and the era of trade wars and the Western sanctions against China and Russia that have unfolded in recent years have hastened already-rapid growth in bilateral trade between the states.