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Transit time and possible transport China’s trade with the Global South is growing significantly, driven on the one hand by the China Plus One strategy and on the other by the development of new markets. But many challenges remain.
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.